NewsBite

‘No sacred cows’: Star Entertainment shareholder demands fire sale

Joshua PeachMarkets reporter

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Subscribe now

Already a subscriber?

One of Star Entertainment’s largest shareholders, Wilson Asset Management, is pushing for the embattled casino operator to sell more assets as the fund manager attempts to recoup tens of millions of dollars of losses.

Portfolio managers of the $1.9 billion WAM Leaders Fund, Matthew Haupt and John Ayoub, told investors last week that they had “got the call wrong” when they heavily invested in Star last year.

Loading...
Joshua Peach is a data journalist at The Australian Financial Review Email Joshua at joshua.peach@nine.com.au

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Subscribe now

Already a subscriber?

Read More

Latest In Equity markets

Fetching latest articles

Most Viewed In Markets

    Original URL: https://www.afr.com/markets/equity-markets/no-sacred-cows-star-entertainment-shareholder-demands-fire-sale-20240916-p5kaue