WAM Research Limited Announces Resignation of Directors Chris Stott and Matthew Kidman
June 29, 2018 at 11:22 am IST
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WAM Research Limited announced the resignation of Directors Chris Stott and Matthew Kidman. resignation has taken place to allow him to focus on his role as Wilson Asset Management's Chief Investment Officer. Matthew has decided to dedicate more time to his role as a Principal and Portfolio Manager at Centennial Asset Management.
WAM Research Limited is an Australia-based investment company. The principal activity of the Company is making investments in listed companies. The Companyâs investment objectives are to provide a stream of fully franked dividends and achieve a high real rate of return, comprising both income and capital growth, within acceptable risk parameters. It provides investors with exposure to a diversified portfolio of undervalued growth companies, which are generally small-to-medium sized industrial companies listed on the Australian Securities Exchange (ASX). It invests in various sectors, such as consumer discretionary, industrials, cash, healthcare, information technology, financials, communication services, consumer staples, real estate, energy and materials. MAM Pty Limited is the investment manager of the Company.