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Cazenove Absolute UK Dynamic - Rating Suspended

By JOHN DAVEY 27/04/2010

Cazenove Absolute UK Dynamic - Rating Suspended by John Davey

We have suspended the rating of the Cazenove Absolute UK Dynamic fund following the announcement that co-manager Neil Pegrum has resigned. The fund hard closed last year following a launch period that raised over £100m. Once closed we placed the fund on hold, at 2 stars. Subsequently, the fund has underperformed.

We will re-assess the fund once Pegrum’s replacement has been appointed.

 
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