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Australasia: Pengana takes over Rubicon Asia Special Events, Investors in Basis entitled to fund returns, Babcock says profit to drop 40% as investments slump

Monday, August 11, 2008

Opalesque Exclusive: Pengana takes over Rubicon Asia Special Events According to The Australian Hedge Newsletter, Pengana Capital is incubating a new Asian equities hedge fund, the Pengana Asia Special Events Fund (I&T News). The fund is being managed by Antonio Meroni and Tony Wolfe who were both previously at Rubicon Asset Management.

Investors in Basis entitled to fund returns According to The Australian Hedge Newsletter, investors who applied for units in two Basis Capital funds in June last year are entitled to a return of the application monies following a Supreme Court of NSW judgement. In addition, investors who in June 2007 sought to redeem th......................

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