Story one of ten today, about five minutes for the lot

Magnifying glass on financial trading charts with keyboard, showing market analysis workspace

✓ StockheadMoney & Work

Geoff Wilson admits poor bets as WAM Capital cuts payout and hits 16-year lows

WAM Capital's profit pool has fallen to 5.6c per share, forcing a dividend cut to 8c and a 14% share price fall.

Why it mattersDividend cuts hit investors counting on income, and WAM's struggle shows how actively-managed funds struggle when markets favour resources and larger companies.

AustraliaAustralian dividend investors in WAM Capital face lower payouts, and the fund's pain reflects broader underperformance of small-cap industrial stocks listed on the ASX.

✓ Claims checked against the source. checked 4 d ago

Next in today's edition

File image: Person at wooden desk with laptop displaying financial charts and trading data, coffee nearby

✓ ThenightlyMoney & Work

Brisbane fund manager doubles down on AI stocks despite recent losses

Hyperion, a $13 billion fund manager, argues AI mega-cap stocks remain undervalued despite the fund's recent underperformance.

Why it mattersShows growing conviction among major Australian investors that AI-driven mega-cap stocks will dominate returns.

Aerial photograph of cattle station showing curved white building, metal livestock yards, and outback landscape

✓ FarmonlineMoney & Work

Two NT cattle stations Wealthcheck bought for more than $100m hit the market

Maryfield and Limbunya stations, purchased for over $100 million in 2022, are again being sold after Wealthcheck's collapse.

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