Pengana International Ethical Fund News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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Speaking to
Money Management, Pengana chief executive, Russel Pillemer said choosing the Connecticut-based Axiom was the “optimal solution” as it was an “extremely well-regarded fund manager” for the Pengana International Ethical Fund and the Pengana International Ethical Opportunities Fund.
The two funds would be renamed as Pengana Axiom International Ethical Fund and Pengana Axiom International Ethical Fund (Hedged).
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Pillemer said the fund made the choice by looking at what teams were around to bring on and who they could joint venture with.
“Externally, this is the highest quality solution for the fund. This is the optimal solution for us and I think you can see that by looking at the quality of the team, looking at the investors and their credibility, their track record as well and looking at the support they get from the institutional gate keepers and you can see just a very high quality offering,” he said. ....

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