BHP and Elliott Management
I recently met with the large US-based activist hedge fund, Elliott Management, that is currently targeting BHP (ASX: BHP).
Elliott Management has proposed a collapsing of BHP's dual-listing structure in the UK and divestment of its onshore oil and gas assets in the US.
We believe there is merit to Elliott Management's proposal, and if BHP were to act, it would create an opportunity for franking credits to be delivered to shareholders.
We own BHP as a market-driven investment in WAM Leaders (ASX: WLE) and Century Australia (ASX: CYA).
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Matthew has more than 20 years’ experience in the investment industry working as both a portfolio manager and analyst. Prior to joining Wilson Asset Management in 2004, Matthew gained extensive large-cap experience in his previous role within Australian Executor Trustees (now part of Equity Trustees). Matthew is the Lead Portfolio Manager responsible for WAM Leaders Limited, Wilson Asset Management Leaders Fund, and Wilson Asset Management Founders Fund.
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Matthew has more than 20 years’ experience in the investment industry working as both a portfolio manager and analyst. Prior to joining Wilson Asset Management in 2004, Matthew gained extensive large-cap experience in his previous role within...
Expertise
Matthew has more than 20 years’ experience in the investment industry working as both a portfolio manager and analyst. Prior to joining Wilson Asset Management in 2004, Matthew gained extensive large-cap experience in his previous role within...
Expertise
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