Wilson Asset Management (WAM) is well known for its stable of listed investment companies (LICs). Over the past two decades, WAM has gone from offering one flagship LIC — WAM Capital Limited (ASX: WAM), established in 1999 — to seven. Its most recently launched LIC was Wam Alternative Assets Ltd (ASX: WMA). WAM Alternative Assets debuted last year after WAM purchased the embattled Blue Sky Alternative Assets LIC.
Before that, WAM Launched Wam Global Ltd (ASX: WGB) back in 2018. At the time, WAM Global was the first WAM LIC to have a mandate to invest in companies beyond the ASX.
But today, we have confirmation that an eighth LIC will join the Wilson Asset Management stable.