Pengana Capital, which manages a range of strategies both in Australia and offshore has produced positive returns from all seven of its underlying absolute return funds in July.
Best performing of the funds was the Pengana Global Resources fund which returned 8.60% for the month, to take YTD performance to +22.78% after a disappointing 2008, and annualised returns since March 2007 to +8.86%.
Pengana's Australian Equity long/short fund also notched up a respectable 8.50% in July, to take 2009 YTD returns to +24.52%, -4.09% over the past 12 months, and 9.29% annualised since inception in May 2004.
