Wilson Asset Management

Listed

August 1999

ASX Code

WAM

 

 

31 May 2021

Gross assets
$1,721.0m
Equity exposure
92.9%
Share price
$2.220
Pre-tax net tangible assets
$1.87
Fully franked
annualised interim dividend
15.5c
Annualised dividend yield
7.0%
Investment Portfolio Performance
(% p.a. since August 1999)
16.6%
Investment Portfolio Outperformance
(% p.a. since August 1999)
8.0%

Investment Portfolio Performance

Performance at 31 May 2021 Fin
YTD
1 yr 3 yrs %pa 5 yrs %pa 10 yrs %pa Since inception
%pa (Aug-99)
WAM Investment Portfolio 35.8% 37.4% 10.9% 11.7% 13.6% 16.6%
S&P/ASX All Ordinaries Accumulation Index 27.0% 30.0% 10.4% 10.5% 8.9% 8.6%
Investment Portfolio Outperformance 8.8% 7.4% 0.5% 1.2% 4.7% 8.0%
S&P/ASX Small Ordinaries Accumulation Index 29.3% 26.7% 7.9% 10.3% 5.1% 6.0%
Investment Portfolio Outperformance 6.5% 10.7% 3.0% 1.4% 8.5% 10.6%

Investment portfolio performance and index returns are before expenses, fees, taxes and the impact of capital management initiatives.

WAM Capital Limited

WAM Capital provides investors with exposure to an actively managed diversified portfolio of undervalued growth companies listed on the Australian Securities Exchange. WAM Capital also provides exposure to relative value arbitrage and market mispricing opportunities. WAM Capital’s investment objectives are to deliver investors a stream of fully franked dividends, provide capital growth and preserve capital.

Growth of $10,000

Growth of $10,000

Board of directors

Geoff Wilson AO

Chairman

Geoff has over 40 years’ direct experience in investment markets having held a variety of senior investment roles in Australia, the UK and the US. Geoff founded Wilson Asset Management in 1997. Geoff created Australia’s first listed philanthropic wealth creation vehicles, Future Generation Investment Company Limited and Future Generation Global Investment Company Limited. Geoff is Chairman of WAM Capital, WAM Leaders, WAM Global, WAM Research, WAM Active and WAM Microcap. Geoff holds a number of additional directorships with investment companies and non-profit organisations.

Kate Thorley

Director

Kate has over 14 years’ experience in the funds management industry and more than 20 years of financial accounting and corporate governance experience. Kate is the Chief Executive Officer of Wilson Asset Management (International) Pty Limited, Director of WAM Research Limited, WAM Active Limited, WAM Leaders Limited, WAM Microcap Limited, WAM Global Limited and Future Generation Investment Company Limited. Kate is the Company Secretary of Future Generation Global Investment Company Limited. She holds a Bachelor of Commerce, a Graduate Diploma in Applied Finance and Investment, Graduate Diploma of Applied Corporate Governance and is a fully qualified CA. She is a member of the Australian Institute of Company Directors.

James Chirnside

Director

James has been involved in financial markets for over 30 years, primarily as a fund manager across a broad range of sectors. James is currently Chairman and Managing Director of Dart Mining NL. Prior to this, James worked as a fund manager and proprietary metals trader in Sydney, Hong Kong, London, and Melbourne.

Dr Philippa Ryan

Director

Philippa is an experienced legal academic with experience in commercial law, corporate governance, finance and technology. Dr Ryan is an associate professor in the Australian National University’s College of Law and program director of the ANU Master of Laws. She has authored books and articles on blockchain technology, digital economies, and crypto currencies. She is a non-executive director on the Board of Landers and Rogers, a member of the Standards Australia blockchain technical committee, and a member of ASIC’s Fintech Advisory Committee. She was lead author of the ISO technical specification for smart contracts. She is a board member of Treasury’s Audit Committee. Dr Ryan holds a number of legal and academic qualifications including BA, LLB (Hons), Master of Education, and PhD (Law). Dr Ryan has been a director of the Company since April 2018.

Lindsay Mann

Director

Lindsay has more than 45 years’ financial services experience. He was formerly Chairman of Premium Investors Pty Limited (formerly Premium Investors Limited). Prior to that Lindsay was CEO (Singapore) and Regional Head Asia for First State Investments, the Asian business of Colonial First State Global Asset Management. Prior to this, Lindsay was CEO of AXA Investment Managers in Hong Kong. He is a Fellow of the Institute of Actuaries of Australia and a Graduate member of the Australian Institute of Company Directors. Lindsay has been a Director of the Company since December 2012. Lindsay Mann is currently an independent non-executive director of Uniting Ethical Investors Limited, an independent Director of WAM Leaders Limited (appointed March 2016), Wealth Defender Equities Pty Limited (appointed October 2018) and Century Australia Investments Pty Limited (appointed March 2019).

Matthew Pancino

Director

Matthew is a noted technology, operations and transformation expert with 30 years’ experience gained in leading organisations within the communications, banking and funds management sectors. Matthew is currently a Director, Industry Solutions Practice Lead, Asia Pacific at Google LLC. Matthew has previously served as Chief Technology Officer for the Commonwealth Bank of Australia Group, Chief Executive Officer for Suncorp Business Services, Group Executive – Operations and Chief Information Officer for Perpetual Limited and Head of Transformation at Telstra Corporation Limited. He holds a Bachelor of Science (Computer Science), is a member of the Australian Institute of Company Directors and has completed executive education at INSEAD and Stanford University School of Business.

Linda Kiriczenko

Joint Company Secretary

Linda has over 15 years’ experience in financial accounting including more than 11 years in the funds management industry. As the Finance Manager of Wilson Asset Management (International) Pty Limited, Linda oversees finance and accounting and is also the Company Secretary for six listed investment companies, WAM Capital Limited, WAM Research Limited, WAM Active Limited, WAM Leaders Limited, WAM Microcap Limited and WAM Global Limited. Linda holds a Bachelor of Commerce and is a fully qualified CPA. She is a certified member of the Governance Institute of Australia. Linda was appointed Company Secretary of WAM Capital Limited in October 2017.

Jesse Hamilton

Joint Company Secretary

Jesse is Chief Financial Officer at Wilson Asset Management and has over 10 years’ experience working in advisory and assurance services, specialising in funds management. As the Chief Financial Officer of Wilson Asset Management, Jesse oversees the finance, accounting and company secretary responsibilities for WAM Capital Limited, WAM Leaders Limited, WAM Global Limited, WAM Microcap Limited, WAM Alternative Assets Limited, WAM Research Limited and WAM Active Limited, in addition to Future Generation Australia and Future Generation Global. Prior to joining Wilson Asset Management, Jesse worked as Chief Financial Officer of an ASX listed company. Jesse previously worked as an advisor specialising in assurance services, valuations, mergers and acquisitions, financial due diligence and capital raising activities for listed investment companies. Jesse was appointed Joint Company Secretary of WAM Capital Limited in November 2020.

Document archive

Type

Items

Get in touch with us
Our networks
Contact your share registrar

For matters related to your share holding, please contact our share registrar:

Share this article