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2 ASX shares that this leading fund manager thinks are buys – The Motley Fool Australia

The 2 ASX shares in this leading fund manager’s portfolio look like buys according to value-focused WAM Active Limited (ASX:WAA).

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WAM Active Limited (ASX: WAA) is one of the listed investment companies (LICs) in the Wilson Asset Management (WAM) stable that targets ASX shares.
It runs a number of different LICs that target different investments. There’s the largest – WAM Capital Limited (ASX: WAM) – which targets undervalued ASX shares. Then there’s WAM Leaders Ltd (ASX: WLE) which looks to buy undervalued ASX blue chips.
Since inception in January 2008, WAM Active’s portfolio has delivered a gross return of 12.1% per annum…

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