Wilson Asset Management sells down NZX holding

Wilson Asset Management sells down NZX holding
Wilson Asset Management became a substantial holder on Feb 4. (Image: NZME)
Staff reporters
Wilson Asset Management has sold down all its shares in NZX, just seven months after first becoming a substantial holder.On Wednesday, the exchange operator published a substantial product holder (SPH) notice showing the Australian investment manager reduced its holding to 3% from 6.19% between May 8 and Aug 22.After the notice, a Wilson Asset Management spokesperson confirmed that all its NZX equities had been sold, including the remaining 3%. “We have sold down on NZX across three of our funds, WAM Capital, WAM Microcap and WAM Res...