Zenith Investment Partners have retained their ‘recommended’ rating for Watermark’s two Listed Investment Companies.
Forming part of their review of the Listed Investment Company sector, Zenith senior investment analyst Dugald Higgins conducted a review of the Australian Leaders Fund Ltd and the Watermark Market Neutral Fund Ltd. In his report, Mr Higgins highlights the strength of Watermark’s investment team, as led by Justin Braitling and the favourable approach to investing, with a focus on absolute returns.
Watermark is committed to delivering superior investment outcomes for shareholders and to strong advocacy for Listed Investment Companies and Absolute Return Investing. We have long held the view that investors should consider the full range of options in constructing robust investment portfolios, both in terms of their choice of investment vehicle and in managing their exposure to share market risk.
With thorough reporting from independent research groups such as Zenith, investors will be better equipped to assess their options in the LIC space, which are increasingly being considered by portfolio constructors and self-directed investors as an attractive investment vehicle. This also builds upon Zenith’s well-established reputation as a leader in the assessment of alternative asset classes, such as long/short equities.