Once the domain of the very rich and institutional investors—now available Once the domain of the ultra high-net-worth and institutional investors, a growing number of retail investors are achieving similar levels of risk minimisation by tapping into the low or zero correlation strategies adopted by market-neutral funds. Much of the success of market-neutral funds says […]
Pengana Australian Equities Market Neutral Fund
Competition in market-neutral space to intensify: Pengana
Investors want low exposure to market movements Pengana Market Neutral Fund is careful not to have too many large bank shares or resources stocks which throw overall market performance out of whack …… limits each stock position to 3.5% Given investor dislike for volatility that drives equities up or down 20 to 40%, alternatives like […]
Pengana was founded by Russel Pillemer and Malcolm Turnbull in 2003. Recognising the wide sense of investor frustration with the fixation of the funds management industry on short term index relative returns, Pengana was established with the goal of providing investors with strong long term absolute returns and reduced risk.