WAM Research announces record interim profit
WAM Research today announced its highlights for the half year to 31 December 2015: increased operating profit before tax 97.0% to $27.1m, fully franked interim dividend, increased to 4.25 cents per share and investment portfolio increased 30.7% in the 12 months to December 2015, outperforming market by 26.9%. WAM Research Chairman Geoff Wilson said the Company’s investment research methodology led to its continued outperformance.“Our absolute bias, bottom-up, fundamental investment methodology has again delivered strong results for WAM Research’s shareholders,” Mr Wilson said. View the full announcement here: (VIEW LINK)
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Wilson Asset Management has a track record of making a difference for shareholders and the community for 25 years and is the investment manager for eight 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) - and the Wilson Asset Management Leaders Fund. Wilson Asset Management invests over $5 billion on behalf of more than 130,000 retail investors. Wilson Asset Management created and is the lead supporter of the first LICs to deliver both investment and social returns: Future Generation Australia (ASX: FGX) and Future Generation Global (ASX: FGG).
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