MarketsEquity MarketsFundie Q&AWorried about the economy? WAM says water is a very good betJul 23, 2026 – 4.43pmNick Kelly is the portfolio manager for WAM Alternative Assets based in Sydney. Wilson Asset Management oversees $6 billion in assets.The WAM Alternative Assets’ LIC appears to be trading at a discount. Do you expect it to move to a premium anytime soon?Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Latest In Equity marketsFetching latest articlesMost Viewed In Markets
Worried about the economy? WAM says water is a very good bet
Portfolio manager Nick Kelly talks water, private credit, and how a personal tragedy has helped him to navigate the wild swings of financial markets.






