{"id":10446,"date":"2009-04-24T00:00:00","date_gmt":"2009-04-24T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"pengana-aims-to-grow-volatility-hedge-fund-amid-market-swings","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/04\/2009\/pengana-aims-to-grow-volatility-hedge-fund-amid-market-swings.html","title":{"rendered":"Pengana Aims to Grow Volatility Hedge Fund Amid Market Swings"},"content":{"rendered":"<p>Bloomberg &#8211;&nbsp;Pengana Capital Ltd., a Sydney- based asset manager that oversees A$1.5 billion ($1.1 billion), aims to increase the amount of hedge fund assets that bet on market swings by six times in two years. <\/p>\n<p>Pengana is seeking to grow assets managed by its Chicago- based volatility team to $2.5 billion from about $420 million currently, Russel Pillemer, co-founder and chief executive officer, said in an interview yesterday. Pengana&rsquo;s Global Volatility Master Fund returned 19.3 percent last year, while the hedge fund industry fell an average 19 percent. <\/p>\n<p><strong><a title=\"Read Complete Article\" href=\"http:\/\/www.bloomberg.com\/apps\/news?pid=20601080&#038;sid=aiSbw4mKzoxE&#038;refer=asia\" target=\"_blank\">Read Complete Article<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bloomberg &#8211;&nbsp;Pengana Capital Ltd., a Sydney- based asset manager that oversees A$1.5 billion ($1.1 billion), aims to increase the amount of hedge fund assets that bet on market swings by six times in two years. Pengana is seeking to grow [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[1570,10854,929,64,10286,5390,4565,1543,4735,10855,10024,7671,699],"class_list":["post-10446","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-1-billion","tag-aims","tag-asset-manager","tag-bloomberg","tag-capital-ltd","tag-chief-executive-officer","tag-co-founder","tag-fund-assets","tag-market-swings","tag-pengana","tag-six-times","tag-sydney","tag-volatility"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/10446","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=10446"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/10446\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=10446"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=10446"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=10446"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}