WAM Capital Limited (WAM.AX)
WAM Capital Limited operates in the Asset Management industry of the Financial Services sector, headquartered in Sydney, NSW, AU. The stock last traded at $1.53, down 0.65% on the session, giving a market capitalisation of $1.75B. Its beta of 0.42 implies it has historically moved less than the broad market.
WAM Capital Limited operates as a closed-end equity investment fund, established in Australia on March 8, 1999, and managed by Wilson Asset Management (International) Pty Limited. This fund primarily invests in publicly traded Australian equities, with a focus on companies within the industrial sector. It seeks opportunities in both value and growth stocks among small to medium-capitalization firms. A key aspect of its strategy involves capitalizing on short-term arbitrage and market mispricing opportunities, with an overarching aim to generate absolute returns. The investment process employs a bottom-up approach, driven by a combination of fundamental and quantitative analysis and supported by proprietary in-house research. The S&P/ASX All Ordinaries Accumulation Index is used to benchmark the portfolio's performance.
WAM Capital Limited is most often compared with the following Financial Services names: