Cazenove seeks better timing in 2006

Radar Alert

Group looks for a better year after 12 months of underperformance from UK stars Tim Russell and Neil Pegrum

Performance across Cazenove Capital Management's fund range has not been enviable over the past 12 months, according to the firm's chief executive Andrew Ross, with mis-timing having a negative impact on several portfolios. Despite this, on the third anniversary of its establishment, Ross is confident the firm, formerly Cazenove Fund Management, boasts strong credit and pan-European equity teams and has had success in absolute returns. Having gained autonomy from the venture between JPMorgan and Cazenove last year, Ross said with no borrowings, strong revenue growth and stable costs, the ...