The alternative assets fund once managed by collapsed manager Blue Sky Alternative Investments is pivoting under new administrator Geoff Wilson’s Wilson Asset Management to benefit from emerging economic trends like an ageing population, government infrastructure spending and growing demand for irrigation water rights.
In a briefing to shareholders on Wednesday WAM portfolio manager Dania Zinurova said the WAM Alternative Assets fund would aim to expand into classes like infrastructure and private debt while maintaining exposure to private equity, real estate and real assets.
“I’ve been looking at the increasing government spend in infrastructure,” Ms Zinurova said, reflecting on the fund’s recent partnership with specialist infrastructure manager Palisade.
Read more in The Australian.
