Flexibility is the key to managing volatility
The most effective strategy we have at Wilson Asset Management to manage volatility is our nimble and flexible mandate. We have the ability to hold high levels of cash when we cannot find suitable investment opportunities. Under our mandate, we can hold anywhere between 0 and 100% cash levels and are not restricted. This flexibility gives us the ability to weather volatility more effectively. In addition to our cash levels giving us a buffer, our investment process is strict. For us to hold companies, we need to have a series of factors to be aligned. We need to have earnings growth, high-quality management; positive industry dynamics, and we also need a catalyst. If these factors don’t align, we will not invest in the company. (Matt Haupt, Portfolio Manager)
Wilson Asset Management has a track record of making a difference for shareholders and the community for more than 20 years. As the investment manager for eight leading LICs – WAM Capital (ASX: WAM), WAM Leaders (ASX: WLE), WAM Global (ASX: WGB),...