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Showing 1 - 10 of 16 results for "WAM Leaders"

Magellan, WAM suffer due to Iran conflict

ELIZA BAVIN  |  WEDNESDAY, 8 APR 2026
Monthly updates from both Wilson Asset Management's WAM Leaders Fund and Magellan reveal the impact of market volatility due to the ongoing crisis in the Middle East. The WAM Leaders investment portfolio decreased during the month, while Magellan ...

Oaktree offers Star $650m lifeline

ELIZA BAVIN  |  TUESDAY, 18 FEB 2025
... operator, selling around $26 million worth of shares. Additionally, in September last year portfolio managers for the WAM Leaders Fund admitted they "got the call wrong" when they took a 4% stake in Star back in 2023.

Perpetual halves investment in embattled Star

ELIZA BAVIN  |  TUESDAY, 5 NOV 2024
... John Ayoub admitted they "got the call wrong" when they took a 4% stake in Star in June last year. In September, the WAM Leaders Fund announced it would be gearing up for a "huge rotation" in Australia's share market, hoping to buy up "unloved mining ...

WAM tells investors it 'got the call wrong'

ELIZA BAVIN  |  TUESDAY, 17 SEP 2024
... hoping to buy up "unloved mining and 'battleground' stocks". The bold bet follows a rough year for the $1.9 billion WAM Leaders portfolio, which returned just 2.8% in the 2024 financial year versus a 12.1% rally by the S&P/ASX 200 Accumulation Index. ...

WAM Leaders, QV Equities to merge

ANDREW MCKEAN  |  TUESDAY, 12 MAR 2024
WAM Leaders (ASX: WLE) is set to acquire QV Equities (ASX: QVE), about six weeks on from the former's initial announcement. In January, WAM Leaders said it intended to make an off-market takeover bid for QV Equities; associated entities already own ...

WAM Leaders to make bid for QV Equities

CHLOE WALKER  |  WEDNESDAY, 31 JAN 2024
... intends to make an off-market takeover bid for QV Equities Limited (QVL). The offer involves exchanging one share of WAM Leaders for every 1.4675 shares of QVE. Entities associated with WAM Leaders already own a 15.8% stake in QVE. "Since listing in ...

WAM launches unit trust, names RE

CHLOE WALKER  |  TUESDAY, 24 OCT 2023
... of 1.025% and charges a performance fee of 20.5%. The unit trust will also replicate the investment strategy of the WAM Leaders listed investment company (LIC), launched in 2016. WAM has previously said it has received significant investor demand for ...

WAM Leaders, AEG to merge

CASSANDRA BALDINI  |  TUESDAY, 14 JUN 2022
WAM Leaders and Absolute Equity Performance Fund have agreed to merge, with WAM Leaders to acquire 100% of the latter. The announcement to shareholders said that under the scheme implementation, AEG shareholders will receive new WAM Leaders shares as ...

Plan for the worst, hope for the best

ALLY SELBY  |  THURSDAY, 21 MAY 2020
... companies that are going to have to raise equity during these periods." Repositioning for flexibility and liquidity, WAM Leaders, Global and the mid-small cap team had taken advantage of equity raisings in the current environment, Wilson said. Although ...

Merger to create $885m LIC

KARREN VERGARA  |  WEDNESDAY, 14 NOV 2018
Two listed investment companies will merge to create an $885 million single entity. WAM Leaders (WLE) is set to acquire 100% of Century Australia Investments (CYA), a LIC that primarily invests in the S&P/ASX 300 and has $97 million is assets. CYA aims ...
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