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The latest update is out from WAM Alternative Assets Ltd ( (AU:WMA) ).
WAM Alternative Assets Ltd reported an increase in its investment portfolio in March, driven by infrastructure assets with long-term, inflation-linked cash flows. The company co-invested with Fortitude Investment Partners in ASF Audits, benefiting from increased regulation and rapid growth in the SMSF sector. This move is expected to enhance ASF Audits’ technological capabilities and support acquisition-led growth, aligning with trends of digitalization and an aging population. The investment portfolio has delivered a 9.2% annual performance since October 2020, offering diversification benefits and reduced volatility compared to public equity markets.
More about WAM Alternative Assets Ltd
WAM Alternative Assets Ltd operates in the investment industry, focusing on unique opportunities beyond traditional assets. The company offers a diversified investment portfolio that includes real assets, private equity, infrastructure, real estate, and private debt, aiming to provide stable returns with little correlation to public equity markets.
YTD Price Performance: -7.07%
Average Trading Volume: 158,856
Technical Sentiment Signal: Strong Buy
For an in-depth examination of WMA stock, go to TipRanks’ Stock Analysis page.
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