I wonder when Wilson will introduce a fund with just Wilson funds in it? Maybe call it WOW - Wilson on Wilson as it kinda feels like you're bonking yourself with the double dipping of management fees.
Fair comments regarding the timing of 2-3 years ago being ideal but like most investments it depends on the timeframe. I'd suggest (and am banking on) over the next 3-5 years the team paying out some decent dividends, either through using income from dividends paid by other funds and/or the profits made on the disposal of shares in funds where the share price to NTA has reduced significantly. This will attract more passive income investors, while also being attractive for the increasingly popular SMSFs as a fairly safe diversified stock.
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