WAM Alternative Assets delivers 8.9% annual return, urges shareholders to reject liquidation proposal
SYDNEY: Wilson Asset Management’s WAM Alternative Assets (ASX: WMA) reported an 8.9% annualised return since its appointment as investment manager in October 2020, outperforming public markets with lower volatility, according to its FY2025 results released Tuesday. The listed investment company (LIC), which offers retail investors access to institutional-grade alternative assets, posted a 5.3% portfolio gain…