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Pengana fund manager departs

The Pengana Asian Equities fund has been downgraded by Standard & Poor's in the wake of fund manager Elan Miller's departure from the team before Christmas.

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Read more: Elan MillerPengana Asian EquitiesNational Australia BankGensecMengda ShuMichael ArmitagePengana Capital LimitedS&P Fund ServicesYan Zhang