WCM Investment Management, LLC (WCM) is a California-based investment management firm specialising in active global and emerging market equities. Founded in 1976, WCM is majority employee owned and manages A$120.8 billion (as at 30 June 2023) on behalf of institutional and retail investors around the world including Australia.
WCM’s two criteria for any company to be considered for inclusion in their portfolios are:
- a rising competitive advantage (or expanding economic moat) and
- a corporate culture that supports the expansion of this moat.
WCM believes the direction of a company’s economic moat is of more importance than its absolute width or size. WCM is the investment adviser of WCM Global Growth Limited (ASX:WQG), the WCM Quality Global Growth Fund (Quoted Managed Fund) (ASX:WCMQ), the WCM Quality Global Growth Fund (Managed Fund) and the WCM International Small Cap Growth Fund (Managed Fund).