The Pengana PanAgora Absolute Return Global Equities Fund’s objective is to seek attractive absolute returns by identifying and exploiting multiple inefficiencies that may exist in global equity markets.
The Fund employs a long/short equity strategy which aims to construct a portfolio that is generally neutral to market movements. As such the performance of the investment strategy is largely independent of the market’s performance. The Fund seeks to achieve its objective by using a diversified set of strategies that have low correlation to one another and which are designed to capitalise on long-term, intermediate-term and short-term inefficiencies.
The Fund is managed by PanAgora Asset Management which is based in Boston Massachusetts. Established in 1989, PanAgora manages investments on behalf of some of the world's largest investors.
PanAgora believes that stock prices are largely driven by the fundamental strengths or weaknesses of a company’s business prospects and that certain fundamentally based measures are indicative of a company’s likely success or failure. Their unique approach to research combines fundamental analysis with robust quantitative techniques in order to identify multiple inefficiencies that exist in global equity markets and then exploit them across a broad investment universe of thousands of companies.
Benefits of investing:
Experienced team. PanAgora Asset Management manages investment mandates on behalf of some of the world’s largest corporate and institutional clients, sovereign wealth funds, endowments and foundations.
Diversification. The portfolio comprises a broad range of uncorrelated investment strategies and the Fund accordingly has a low correlation to market indices.
Differentiated strategy. The investment team utilise original research and unique data sources that are not generally available to traditional fund managers.
Absolute return focus. The Fund invests in a range of sub-strategies, sectors, markets and timeframes, providing the opportunity to generate positive returns in different market conditions.
Long track record. PanAgora’s research-based strategy has generated consistent returns since the strategy’s inception in 2010.