Australia's Pengana Capital Group rises on higher funds under management

Pengana Capital

14/12/2022 24:50

** Shares of fund management co Pengana Capital Group Ltd
 PCG.AX  rise as much as 3.6% to A$1.595
    ** PCG set for best day since Nov. 21, if gains hold
    ** Co says funds under management (FUM) were A$3.34 bln
($2.28 bln) as at Nov 30, higher than FUM of A$3.28 mln as at
Oct 31
    ** Shares hit their highest since Dec. 7
    ** As of last close, stock down 33% this year
($1 = 1.4637 Australian dollars)
 (Reporting by Himanshi Akhand in Bengaluru)
 ((Himanshi.Akhand@thomsonreuters.com;))