25 July 2023 16:52
Pengana Capital Group has appointed Mercer as an investment adviser on the portfolio construction of Pengana Credit, its recently launched private credit arm.
Pengana Credit will leverage Mercer’s global footprint, access, and investment expertise, the fund manager said..
The appointment follows a $200 million seed investment from Washington H. Soul Pattinson as part of a global private credit investing joint.
Mercer has US$16.65 trillion in assets under advisement.
Despite geopolitical turbulence, markets are avoiding short-term turmoil and reacting to the underlying fundamentals showing the strength of major economies, a pair of AMP investment executives told the Professional Planner Managed Accounts Decoded podcast.
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We acknowledge the Traditional Custodians of this land upon which Conexus Financial sits, the Cadigal of the Eora Nation. We recognise their continuing connection and unique cultural and spiritual relationships to the land, waters and community. We pay our deepest respects to them and their culture, and to Elders both past and present.
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