31 August 2024
Wilson Asset Management appointed as Investment Manager: October 2020
WAM Alternative Assets is the only listed investment company on the ASX that offers investors access to a diversified portfolio of alternative assets, typically accessible only by institutional investors. The Company provides investors a unique investment solution, complementary to their traditional investment portfolios by investing in alternative assets. The Company's investment objectives are to consistently deliver absolute returns through a combination of dividend yield and capital growth, while providing diversification benefits.
NTA before tax
$1.18
Fully franked full year dividend
5.2cps
Fully franked dividend yield
5.2%
Grossed-up dividend yield
7.4%
Dividend coverage
3.1 years
Dividends paid since October 2020
14.6cps
Assets
$234.3m
Investment portfolio performance (% p.a. since appointed as investment manager October 2020)
9.5%
Investment portfolio performance is before expenses, fees and taxes.
Board of Directors
Michael Cottier has over 30 years’ experience in financial services roles and is currently an independent non-executive director of two non-listed entities, both of which are in senior financial services roles. Between 2009 and 2014 Michael served as Chief Financial Officer of QSuper Group, where he was responsible for group-wide finance and governance functions. Prior to joining QSuper, Michael spent seven years as CFO of QIC Limited, where he was responsible for group-wide finance and governance functions together with corporate advisory and human resources services.
Geoff Wilson has more than 44 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, which today, comprises of 19 investment professionals who offer a combined investment experience of more than 200 years. Wilson Asset Management manages over $5 billion on behalf of more than 130,000 investors as the investment manager for eight listed investment companies and the Wilson Asset Management Leaders Trust. Geoff is currently Chairman of WAM Capital Limited, WAM Leaders Limited, WAM Global Limited, WAM Microcap Limited, WAM Research Limited, WAM Active Limited and WAM Strategic Value Limited. He is the founder and Director of Future Generation Australia Limited and Future Generation Global Limited, and Director of WAM Alternative Assets Limited. In 2014 Geoff created Australia’s first listed philanthropic wealth creation vehicles, Future Generation Australia, and subsequently Future Generation Global in 2015. To date, the Future Generation companies have donated more than $75 million to Australian not-for-profits. Geoff holds a Bachelor of Science, a Graduate Management Qualification and is a Fellow of the Financial Services Institute of Australia and the Australian Institute of Company Directors (AICD). In addition to Geoff’s Directorships with the Wilson Asset Management Group and the Future Generation companies, he also holds Directorships with Staude Capital Global Value Fund Limited (since 2014), Hearts and Minds Investments Limited (since 2018), Sporting Chance Cancer Foundation (since 1997) and the Australian Rugby Foundation (2024).
Adrian has 27 years’ experience in the financial industry. He started his career with the Goldman Sachs European investment banking team in London before moving to Hong Kong and Singapore as part of their mergers and acquisitions and corporate finance advisory teams. He later spent 11 years with The Carlyle Group as a Director of their private equity buyout investment team in Sydney and Singapore. Adrian was the Lead Portfolio Manager responsible for the alternative asset strategy of Wilson Asset Management (International) Pty Limited, and is now a board director and investment committee member of WAM Alternative Assets Limited, and a board director of WAM Microcap Limited. He is also the Chief Executive Officer of Wilson Family Office.
John has over 27 years’ experience in financial services, including wealth management, corporate advisory, investor relations and private equity capital raisings. John was a Senior Investment Advisor with Shaw and Partners (formally Shaw Stockbroking) for 22 years, with an emphasis on portfolio management, trading and private equity capital raisings. In 2015 John established JB & Partners Corporate Advisory that specialises in strategic advice and succession planning for private companies; particularly family businesses. John has advised in a diverse range of industries, including financial services (particularly AFSL issues), FMCG companies, eCommerce and the funeral industry. John is currently Chairman of Seneca Financial Solutions and non-executive director of a number of private companies. He is a Graduate Member of the Australian Institute of Company Directors and holds a Graduate Diploma (Securities) from the Securities Institute of Australia.
Kym has over 32 years’ experience in legal risk and general management roles. Kym was a private practice lawyer for 10 years including 7 years with Allens. He had a further 10 years’ experience as in-house counsel with HBOS Australia, Nortel Networks, Arnott’s Biscuits and Flexirent Capital. Kym also performed management roles at BankWest (Head of Customer Projects Commercial and Business Division), Nortel Networks Australia (General Manager-Business Operations) and Flexirent Capital (General Manager Corporate Services). More recently he held a role as a senior consultant at Control Risk looking after account management and business development for Control Risks’ three practice areas of political risk consulting, integrity risk consulting and security risk consulting. Kym holds a bachelor of laws and also completed the New York Bar Exam and the Harvard Business School General Management Program.
Jesse Hamilton is a Chartered Accountant with more than 16 years’ experience working in advisory and assurance services, specialising in funds management. As the Chief Financial Officer, Jesse oversees all finance and accounting of Wilson Asset Management (International) Pty Limited. Jesse is currently a non-executive director of the Listed Investment Companies & Trusts Association, Company Secretary for WAM Alternative Assets Limited and WAM Strategic Value Limited and Joint Company Secretary for WAM Capital Limited, WAM Leaders Limited, WAM Global Limited, WAM Microcap Limited, WAM Research Limited and WAM Active Limited, in addition to Future Generation Australia Limited and Future Generation Global Limited. Prior to joining Wilson Asset Management, Jesse worked as Chief Financial Officer of an ASX listed company and also 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 Company Secretary of WAM Alternative Assets Limited in October 2020.
Sally has over 19 years’ experience in private capital advisory, gained with leading organisations such as Allens, Macquarie Capital, QIC, Greenhill & Co, and is currently Managing Director at Cabot Properties Inc, a private equity real estate investment firm.
Fully franked dividends
Our LICs have a proven track record of providing shareholders with a stream of fully franked dividends.
Diversification
Our LICs offer investors exposure to different market sectors and asset classes through their various underlying investments.
Experienced team
The investment team is comprised of 19 professionals who offer a combined experience of more than 200 years in Australian and international equity markets as well as in alternative assets.
Superior structures
The LIC structure allows us to invest for the long term, without being subject to the impact of applications and redemptions. LICs also adhere to strict corporate governance requirements and act in the best interest of shareholders.
Strong performance
We offer a strong track record of performance based on our rigorous investment process.
Risk-adjusted returns
Our flexible investment mandate allows above-average cash holdings and strong, risk-adjusted returns.
Full market access
We hold over 4,000 company meetings each year, and our knowledge of the market and extensive network continually provides valuable intelligence and investment opportunities.
Transparency & engagement
We provide email updates from our Lead Portfolio Managers and investment team, Chairman and CIO, timely market insights in the form of podcasts, articles and videos, in-person presentations, investor education materials and financial reporting.
Type
- Annual report
- Anti-bribery and corruption policy
- Appointment of Wilson Asset Management as Investment Manager
- Chairman's address
- Corporate governance charter
- Corporate governance statement
- Dividend reinvestment plan
- Entitlement offer booklet
- Entitlement offer fact sheet
- Fact sheet
- Financial report
- Independent research report
- Interim financial report
- Key dates
- Media release
- Modern slavery statement
- Monthly investment update
- Notice of meeting
- Option prospectus
- Presentation
- Prospectus
- Share purchase plan
- Share purchase plan announcement
- Share purchase plan booklet
- Term sheet
- Whistleblower policy
- Withdrawal form
Item
- WAM Alternative Assets Monthly Investment Update August 2024pdf
- FY2024 Key Datespdf
- WAM Alternative Assets Corporate Governance Statement 2024pdf
- WAM Alternative Assets Corporate Governance Charter 2024pdf
- WAM Alternative Assets FY2024 Annual Reportpdf
- WAM Alternative Assets FY2024 Full Year Resultpdf
- WAM Alternative Assets Monthly Investment Update July 2024pdf
- WAM Alternative Assets Monthly Investment Update June 2024pdf
- WAM Alternative Assets Monthly Investment Update May 2024pdf
- FY2024 Key Datespdf
- WAM Alternative Assets FY2024 Half Year Resultpdf
- WAM Alternative Assets Monthly Investment Update April 2024pdf
- WAM Alternative Assets Monthly Investment Update March 2024pdf
- WAM Alternative Assets Monthly Investment Update February 2024pdf
- WAM Alternative Assets FY2024 Interim Financial Reportpdf
- WAM Alternative Assets Monthly Investment Update January 2024pdf
- WAM Alternative Assets Whistleblower Policy 2023pdf
- WAM Alternative Assets Monthly Investment Update December 2023pdf
- WAM Alternative Assets Modern Slavery Statement 2023pdf
- WAM Alternative Assets Monthly Investment Update November 2023pdf
- WAM Alternative Assets Monthly Investment Update October 2023pdf
- Appointment of Wilson Asset Management as Investment Manager WAM Alternative Assetspdf
- WAM Alternative Assets Chairman’s Address 2023pdf
- WAM Alternative Assets Monthly Investment Update September 2023pdf
- WAM Alternative Assets Notice of Meeting 2023pdf
- FY2023 Key Datespdf
- WAM Alternative Assets Monthly Investment Update August 2023pdf
- WAM Alternative Assets Corporate Governance Charter 2023pdf
- WAM Alternative Assets Corporate Governance Statement 2023pdf
- WAM Alternative Assets FY2023 Annual Reportpdf
- WAM Alternative Assets FY2023 Full Year Resultpdf
- WAM Alternative Assets Monthly Investment Update July 2023pdf
- WAM Alternative Assets Monthly Investment Update June 2023pdf
- WAM Alternative Assets Monthly Investment Update May 2023pdf
- WAM Alternative Assets Monthly Investment Update April 2023pdf
- WAM Alternative Assets Monthly Investment Update March 2023pdf
- FY2023 Key Datespdf
- WAM Alternative Assets Monthly Investment Update February 2023pdf
- WAM Alternative Assets FY2023 Interim Financial Reportpdf
- WAM Alternative Assets FY2023 Half Year Resultpdf
- WAM Alternative Assets Monthly Investment Update January 2023pdf
- WAM Alternative Assets Monthly Investment Update December 2022pdf
- WAM Alternative Assets Monthly Investment Update November 2022pdf
- WAM Alternative Assets Monthly Investment Update October 2022pdf
- Lonsec Research Report – WMApdf
- WAM Alternative Assets Notice of Meeting 2022pdf
- WAM Alternative Assets Monthly Investment Update September 2022pdf
- WAM Alternative Assets FY2022 Full Year Resultpdf
- FY2022 Key Datespdf
- WAM Alternative Assets Monthly Investment Update August 2022pdf
- WAM Alternative Assets Corporate Governance Charter 2022pdf
- WAM Alternative Assets Corporate Governance Statement 2022pdf
- WAM Alternative Assets FY2022 Annual Reportpdf
- WAM Alternative Assets Monthly Investment Update July 2022pdf
- WAM Alternative Assets Monthly Investment Update June 2022pdf
- WAM Alternative Assets Monthly Investment Update May 2022pdf
- WAM Alternative Assets Chairman’s Address 2022pdf
- WAM Alternative Assets Monthly Investment Update April 2022pdf
- WAM Alternative Assets Monthly Investment Update March 2022pdf
- Bell Potter LIC Weekly Report 18 February 2022pdf
- FY2022 Key Datespdf
- WAM Alternative Assets Monthly Investment Update February 2022pdf
- WAM Alternative Assets FY2022 Interim Financial Reportpdf
- WAM Alternative Assets Monthly Investment Update January 2022pdf
- WAM Alternative Assets FY2022 Half Year Resultpdf
- WAM Alternative Assets Monthly Investment Update December 2021pdf
- WAM Alternative Assets Whistleblower Policy 2022pdf
- WAM Alternative Assets Modern Slavery Statement 2021pdf
- WAM Alternative Assets Monthly Investment Update November 2021pdf
- WAM Alternative Assets Chairman’s Address 2021pdf
- WAM Alternative Assets Monthly Investment Update October 2021pdf
- WAM Alternative Assets September 2021 Quarterly Reportpdf
- WAM Alternative Assets Notice of Meeting 2021pdf
- WAM Alternative Assets Monthly Investment Update September 2021pdf
- WAM Alternative Assets Monthly Investment Update August 2021pdf
- FY2021 Key datespdf
- Dividend reinvestment planpdf
- WAM Alternative Assets Corporate Governance Charter 2021pdf
- WAM Alternative Assets Corporate Governance Statement 2021pdf
- WAM Alternative Assets FY2021 Full Year Resultpdf
- WAM Alternative Assets FY2021 Annual Reportpdf
- Bell Potter June quarter LIC updatepdf
- WAM Alternative Assets Monthly Investment Update July 2021pdf
- WAM Alternative Asset IIRpdf
- WAM Alternative Assets Monthly Investment Update June 2021pdf
- WAM Alternative Assets Whistleblower Policy 2021pdf
- WAM Alternative Assets Modern Slavery Statement 2020pdf
- WAM Alternative Assets Anti-Bribery and Corruption Policypdf
- WAM Alternative Assets Investment Update May 2021pdf
- WAM Alternative Assets Quarterly Planner Report March 2021pdf
- WAM Alternative Assets Monthly Investment Update April 2021pdf
- WAM Alternative Assets Monthly Investment Update March 2021pdf
- Listed Investment Companiespdf
- Ord Minnett Listen Investment Companies January 2021 performance review and updatepdf
- WAM Alternative Assets Monthly Investment Update February 2021pdf
- WMA DRP Rulespdf
- WAM Alternative Assets FY2021 Half Year Resultpdf
- WAM Alternative Assets Monthly Investment Update January 2021pdf
- WAM Alternative Assets Monthly Investment Update December 2020pdf
- WAM Alternative Assets FY2021 Interim Financial Reportpdf
- EL&C Bailleu LIC sector report October 2020pdf
- WAM Alternative Assets Monthly Investment Update November 2020pdf
- WAM Alternative Assets Monthly Investment Update October 2020pdf
- WAM Alternative Assets Notice of Meeting 2020pdf
- Blue Sky Alternatives Access Fund FY2020 Annual Reportpdf
- Bell Potter Listed Investment Companies Weekly Report – 23 October 2020pdf
- WAM Alternative Assets Chairman’s Address 2020pdf