Market neutral strategies work – five years of proof in Pengana returns Set the risk target first and then set portfolio – approach is gaining traction Market Neutral Fund returned 19.2% after fees in 2013 1 yr 3yr 5yr PAEMNF 19.2% 9.6% 9.6% Benchmark (RBA Cash) 2.8% 3.7% 3.8% Pengana questions the portfolio […]