Launches & Closures

Cazenove reopens Absolute UK Dynamic strategy for £60 million


Cazenove Capital is reopening its Cazenove Absolute UK Dynamic Fund, managed by Paul Marriage, to new subscriptions following a period of solid fund performance and the recent appointment of John Warren to the UK equity team.

The fund is reopening with £60 million of capacity across the UCITS version of the strategy, which was launched in September 2009, and the equivalent offshore hedge fund – which has been running since June 2005 and has achieved an annualised return of some 12% since launch.

Both funds have been managed by Marriage since the departure of former manager Neil Pegrum to join