Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1 - 10 of 180 results for "WAM"

Praemium chief exits amid leadership renewal

RIDDHIMA TALWANI  |  FRIDAY, 2 OCT 2026
Praemium is reshuffling its top leadership to refresh its strategy, keeping the same goals but with "faster pace, better execution and increased focus on customers". Praemium chief executive Anthony Wamsteker has stepped down from his role, effective ...

Pengana-WAM feud over PIA comes to an end

KARREN VERGARA  |  FRIDAY, 18 SEP 2026
Wilson Asset Management's (WAM) Geoff Wilson and his allies will exit the board of Pengana International Equities (PIA) following the settlement of the Pengana Capital Group-initiated lawsuit that failed to stop a highly contested buyback. The listed ...

Pengana takes WAM feud over PIA to Takeovers Panel

KARREN VERGARA  |  WEDNESDAY, 2 SEP 2026
... Takeovers Panel will intervene. Pengana is seeking to prevent the shareholder-approved buyback from eventuating, as well as the WAM group of entities increasing their voting power in the LIC. Furthermore, Pengana wants to establish a panel policy-compliant ...

WAM returns 9.5%, increases dividend

RIDDHIMA TALWANI  |  TUESDAY, 4 AUG 2026
Wilson Asset Management (WAM) ASX-listed portfolio WAM Strategic Value returned 9.5% in the financial year, outperforming the S&P/ASX All Ordinaries Accumulation Index by 3.8%. The board declared an increased fully franked full year dividend of 6.5 ...

Pengana threatens legal action against PIA

KARREN VERGARA  |  TUESDAY, 28 JUL 2026
... determined by reference to after-tax net tangible assets (NTA) or remaining invested in the company's future strategy. WAM successfully took over the board of PIA last October with the aim of overhauling its investment strategy amid continued underperformance. ...

Praemium reaches $78bn in FUA with HNW focus

MATTHEW WAI  |  WEDNESDAY, 22 JUL 2026
The company said its effort targeting the high-net-worth segment has worked out to its favour, as performances across its platform and non-custodial portfolio administration business have pushed its total funds under administration (FUA) to $77.9 billion ...

FEATURE | Platforms | The investment supermarket

RIDDHIMA TALWANI  |  TUESDAY, 21 JUL 2026
Grab a shopping cart and enter the investment supermarket. The shelves are stacked - an Aussie large-cap fund here, an ETF there, a fixed-income fund somewhere near the back, past the alternatives nobody quite understands. There is an estimated $1 trillion ...

WAM active strategy delivers 75.5%

MATTHEW WAI  |  TUESDAY, 14 JUL 2026
WAM Active (ASX: WAA), one of Wilson Asset Management's (WAM) active listed investment companies (LICs), has recorded 75.5% in investment performance in the 12 months to 30 June 2026. Outperforming the Bloomberg AusBond Bank Bill Index (Cash) and the ...

Start-ups carve out confirms tax reforms are 'flawed': WAM

MATTHEW WAI  |  MONDAY, 13 JUL 2026
Wilson Asset Management (WAM) believes the recent capital gains tax (CGT) reform carve out for small businesses and start-ups confirmed the change is not correctly executed for its initial intention. In its submission to a Treasury consultation, WAM ...

Praemium names chair successor

MATTHEW WAI  |  MONDAY, 1 JUN 2026
Praemium has appointed a non-executive director to its board, who will succeed the current chair Barry Lewin at the conclusion of the annual general meeting scheduled for November. After chairing the board for nine years, Lewin has decided to retire ...
PREVIOUS
NEXT