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WAM Alternative Assets Ltd ( (AU:WMA) ) just unveiled an announcement.
WAM Alternative Assets Limited has announced the extension of its Investment Management Agreement with Wilson Asset Management, which will now expire on 13 October 2030. This extension follows the expiry of the initial term and the recent Annual General Meeting. The continued partnership with Wilson Asset Management, known for its significant investment management experience and philanthropic efforts, is expected to further solidify WAM Alternative Assets’ position in the market, offering stability and potential growth for its stakeholders.
More about WAM Alternative Assets Ltd
WAM Alternative Assets Limited (ASX: WMA) is a listed investment company managed by Wilson Asset Management. It offers retail investors exposure to a diverse portfolio that includes private equity, water, infrastructure, real estate, agriculture, and private debt strategies. The company’s investment objectives focus on delivering absolute returns through dividend yield and capital growth, while providing diversification benefits. WAM Alternative Assets is accessible through major investment platforms and receives coverage from independent investment research providers.
Average Trading Volume: 203,437
Technical Sentiment Signal: Strong Buy
For a thorough assessment of WMA stock, go to TipRanks’ Stock Analysis page.