Aussie pension funds put A$66m with Pengana

clock

AUSTRALIA - Three Australian pension funds have funnelled a combined A$66m (US$60.6m) into the global bond fund managed by Pengana Capital.

Superannuation fund Combined Fund allocated A$28.3m, Cuesuper placed A$21.6m and Pinnacle Superannuation Fund invested $16.3m. Pengana chief investment officer Nick Griffiths said: "At this stag...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Australasia

VFMC returns 3.61% in Q1

AUSTRALIA - The A$36.1bn ($38.6bn)Victorian Funds Management Corporation (VFMC) has reported overall of 3.63% Q1 and an annual return of 8.43%.

Rachel Alembakis
clock 13 May 2011 •

Online feature: Taxing times

Rachel Alembakis looks at how Australian schemes are reducing the impact of taxation on investment returns.

Rachel Alembakis
clock 07 September 2010 •

Australian Super funds return 4.5% pa over decade

AUSTRALIA - Australia's biggest Super funds have returned an average of just 4.5% a year over the past decade as a result of the global credit crisis, figures reveal.

clock 28 July 2010 •
Trustpilot