pengana

Pengana Capital

When it comes to investing in today’s market, a strong underlying foundation is vital to forming the core of success. Steven Glass, from the Pengana International Equities Fund provides his 6-point checklist that separates the good from the bad, allowing him to invest with confidence in an overly noisy environment. Show More

Livewire Exclusive

May 2017 marked the first month since September 2016 that the Small Ordinaries Accumulation Index outperformed large caps. Livewire reached out to six small cap specialists to ask: “Is this a turning point”? The consensus seems, with some terms and conditions, to be: “Yes”. Read on for responses from Wilson... Show More

Livewire Exclusive

Steve Black, Portfolio Manager at the Pengana Emerging Companies Fund says “It’s always a good time to invest in small-caps” because that’s where you can find tomorrows leaders, generate significant alpha and actually diversify your portfolio. “The broader ASX200 is not a very well represented or diversified list of companies... Show More

Livewire Exclusive

Steve Black, Portfolio Manager of Pengana’s Emerging Companies Fund says that new IPOs are coming through “thick and fast” at the moment and he’s seeing at least three companies per week. In amongst this flurry of activity Black remains “wary” of many new floats because, in his view, they frequently... Show More

Livewire Exclusive

Steve Black of the Pengana Emerging Companies Fund says there are two sectors on the ASX that he’s well invested in and are experiencing strong tailwinds – telecommunications and tourism. Black says that companies such as Vocus and M2 have benefitted enormously from Telstra being “a little slow, distracted and... Show More

Livewire Exclusive

In this video Rhett Kessler, Senior Fund Manager at Pengana describes what it’s like to be managing funds in the middle of a correction. The well renowned fund manager reveals that despite the mass discomfort he bought four stocks during the recent market rout – Duet (ASX:DUE), Tatts (ASX:TTS), Spotless... Show More

Livewire Exclusive

Rhett Kessler, Senior Fund Manager at Pengana says that he observed several companies during reporting season that decided to avoid the “sugar hit” of paying out more dividends and instead take the path of re-investing in the business. “Not only were we praising it and wanting more, but the market... Show More

Livewire Equities

In the past few weeks 3 highly rated fund managers have come out singing the praises of BT Investment Management (ASX:BTT). Tim Samway of Hyperion spoke about BTT and the theme of investment managers here: https://www.livewiremarkets.com/wires/27736, while OC Funds https://www.livewiremarkets.com/wires/27880 and Pengana Emerging Companies have both recently added the stock... Show More

Livewire Exclusive

CSL: a balance sheet that any CEO would die for. Rhett Kessler, Senior Fund Manager at Pengana says he continues to own CSL because the company is globally diversified with a proven track record for ongoing innovation to solve problems. Kessler says they have built a moat to ward off... Show More

Livewire Exclusive

Pengana: Be patient with Mermaid Marine. Rhett Kessler, Senior Fund Manager at Pengana says despite the sustained sell-off in Mermaid Marine (ASX:MRM) since late 2013 they are committed to the company. We're quite a big holder of Mermaid Marine, which has not been kind to us. We think that's a... Show More

Livewire Equities

Remember what the Future Fund's exit did to TLS? Norway's $840 billion SWF is now considering dumping its stakes in BHP, WPL, and WHC. This from Peter Ker: Some of Australia's biggest resource companies could lose a major investor if Norway goes through with a plan to ban its SWF... Show More