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Pengana Capital Group’s Funds Under Management Rise Amid Performance Fee Gains
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Pengana Capital Group’s Funds Under Management Rise Amid Performance Fee Gains

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Pengana Capital Group Ltd. ( (AU:PCG) ) has issued an update.

Pengana Capital Group Ltd. announced a slight increase in its funds under management, which rose from $3,518.16 million in November 2024 to $3,563.11 million by the end of December 2024. The company earned gross performance fees of $12.8 million for the six months ending December 31, 2024, resulting in net performance fees of approximately $6.3 million. Additionally, Pengana plans to distribute $30 million from its investment vehicles in January, impacting the funds under management for the next reporting period. The company’s half-year audited results are expected on February 27, 2025.

More about Pengana Capital Group Ltd.

Pengana Capital Group Ltd. operates in the financial industry, focusing on investment management services. The company offers a range of funds and investment vehicles, catering primarily to institutional and retail investors.

Technical Sentiment Consensus Rating: Hold

Current Market Cap: €41.72M

Find detailed analytics on PCG stock on TipRanks’ Stock Analysis page.

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