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Investment

Pengana Asian Equities up 20pc

BY MICHELLE BALTAZAR | TUESDAY, 7 JUL 2009 12:05PM

Pengana's Asian Equities Long Short fund gained 22.5 per cent, net of fees, in the year to June against its benchmark's loss of 6.1 per cent - proof that even in the worst of times, fund managers that make the smart calls can deliver.

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Editor's Choice

Praemium's new leadership toughens earnings yardstick

RIDDHIMA TALWANI

Praemium's new leadership will be keeping a close eye on costs, with new chief executive Denis Orrock noting he will make sure the technology upgrade underway translates into stronger earnings and better returns for shareholders.

Australian Ethical FUM drops by $70m

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Australian Ethical saw a net outflow of $100 million in its investment business in the first quarter of the financial year.

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