Asset Class: LICs

Recent equity market volatility has presented investors with compelling opportunities to buy listed investment companies (LICs) at a discount to their underlying net tangible asset (NTA) backing.

The private debt universe is broad, deep and multi-faceted. Investing in private debt comes with increased challenges of complexity, which is rewarded through solid return potential and better liquidity than private equity.

Real assets are tangible and physical assets such as agriculture, timber and may include more esoteric strategies such as fishing rights. Investing in real assets can also be described as harnessing the opportunities within natural resources.

Dania explores the opportunities inherent in private equity, an asset class which gives investors access to entities that are not publicly listed or traded.

As an asset class, infrastructure gives investors strong diversification benefits and access to attractive yield. It also provides exposure to the systems, facilities, essential services and businesses that underpin societal functioning and are often monopolies or have high barriers to entry.

Portfolio Manager Dania Zinurova delves into the fundamentals of alternative assets and the unique opportunities inherent in real estate, infrastructure, private equity, real assets and private debt.

Megatrends are defined as macroeconomic changes we are seeing on a global scale that are transforming economies, businesses and societies. WAM Alternative Assets focuses on four key megatrends including: digitalisation, demographical shifts and ageing populations, climate change and the increasing demand for food.

PGF is a listed investment company (LIC) that aims to create long term wealth for investors by investing in 25-45 global companies. They look for companies that are trading at a value different to their intrinsic value.