Wilson Asset Management (WAM) is attempting to restructure Century Australia Investments into a new listed investment company (LIC) that focuses on large-cap companies, marking its latest move to grow its LIC empire.
WAM, which is headed by LIC veteran Geoff Wilson, is looking to establish the WAM Leaders fund by overhauling the $64 million Century Australia Investments.
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Ruth Liew writes on business specialising in Insurance, wealth management and financial services. Ruth is based in our Sydney newsroom. Connect with Ruth on Twitter.
