WAM 0.33% $1.52 wam capital limited

I put $50K into Lazard listed infrastructure fund a couple of...

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    I put $50K into Lazard listed infrastructure fund
    a couple of months back, it now trades as a
    an ETF (GIFL), as well as a traditional managed
    fund.
    I had been looking for an investment in
    infrastructure for sometime but , like the REIT
    sector, I have been paranoid about asset
    managers over paying for assets in recent years.

    After listening to Warryn Robertson being
    interviewed on Livewire markets, he is one
    of the portfolio managers, I have full confidence
    in their investment thesis and portfolio
    management. They are an active manager and
    for me it’s an alternative to pure equities.
    Might not be your cup of tea but Warryn’s
    interviews make interesting listening for anyone
    who is interested in an insight into an active
    manager who uses a strict discounted cash flow
    model to value assets.
 
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