Australia's Pengana Capital hits 6-week high on FUM increase

Pengana Capital

12/07/2024 02:16

** Shares of fund manager Pengana Capital Group Ltd  PCG.AX 
rise as much as 3.4% to A$0.905, their highest since May 29
    ** Pengana says its funds under management as of June 30
were A$3.35 bln ($2.26 bln) vs A$3.17 bln as of May 31
    ** Stock had fallen 17.1% this year, as of last close

($1 = 1.4799 Australian dollars)

 (Reporting by Poonam Behura in Bengaluru)
 ((Poonam.Behura@thomsonreuters.com;))