Geoff Wilson claims first victory in his new LIC WAR
The $900 million merger of Geoff Wilson’s WAM Global with the Templeton Global Growth Fund is an example of his push to drive better returns from unloved listed investment companies.
It was shortly after the crash in 1987 that Geoff Wilson first came to embrace the philosophy of legendary investor Sir John Templeton.
Wilson was in the US on a business trip when he started regularly seeing Templeton quoted saying that instead of shunning equity markets, this was the time to put 10 per cent of your income into stocks.
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James Thomson is senior Chanticleer columnist based in Melbourne. He was the Companies editor and editor of BRW Magazine. Connect with James on Twitter. Email James at j.thomson@afr.com
