Hedge Funds

Fund profile: Cazenove takes the bottom-up approach to UK L/S equity


Increasing inflation, high unemployment, fears over a double dip recession and a squeeze on the UK high street are all indicators that the UK economy is contracting.

This year has also seen the FTSE 100 drop to historical lows. However, in these challenging circumstances the Cazenove Absolute UK Dynamic Fund, managed by Paul Marriage, has achieved returns of 12.08% for the year to 30 September 2011.

The fund aims to deliver a return of more than 10% per annum, net of fees, by investing in individual UK company stocks. It has a bias to small and mid cap equities