Wilson Asset Management’s active listed investment company smashed the Australian sharemarket by more than 30 per cent last year as the dazzling rally in metal prices helped offset a substantial write-down in Corporate Travel Management.
The double-digit returns came down to a hefty 11.4 per cent position in rare earths and bauxite miner Lindian Resources, which rocketed more than 400 per cent last year and remains the fund’s largest position.
Source: https://www.afr.com/markets/equity-markets/wam-active-fund-rides-mining-rally-to-41pc-return-20260105-p5nrtr