Market grinds higher: Going into the end of the financial year the market ended the week higher with the S&P/ASX All Ordinaries Accumulation Index closing up...
Market grinds higher: Going into the end of the financial year the market ended the week higher with the S&P/ASX All Ordinaries Accumulation Index closing up 0.8%. This week further evidence the retail sector is struggling with Kathmandu cutting their profit outlook on Tuesday citing slower than expected June sales. More than half a dozen retailers have now revised their earnings forecasts down over the last month. Despite poor GDP figures, US equity markets remained buoyant as investors maintain confidence in a US recovery. More from our Weekly Update: (VIEW LINK)
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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), WAM Microcap (ASX: WMI), WAM Alternative Assets (ASX: WMA), WAM Strategic Value (ASX: WAR), WAM Research (ASX: WAX) and WAM Active (ASX: WAA) – Wilson Asset Management invests over $5.4 billion on behalf of more than 130,000 retail investors.
Wilson Asset Management created and is the lead supporter of the first listed investment companies to deliver both investment and social returns: Future Generation Australia (ASX: FGX) and Future Generation Global (ASX: FGG).
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Wilson Asset Management
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),...
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