“The Pengana Global Small Companies Fund will invest worldwide, focusing on global stocks capitalised under $US10billion, with a median market cap expected to be less than $US3billion. The mandate will be for 30-80 stocks as we believe that a concentrated fund will outperform given the quality of smaller company stocks available globally,” said Russel Pillemer, […]
Russel Pillemer
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.