Cazenove is set to launch the Absolute UK Dynamic fund to be run by hedge fund specialists Neil Pegr...
Cazenove is set to launch the Absolute UK Dynamic fund to be run by hedge fund specialists Neil Pegrum and Paul Marriage. As the second absolute return vehicle for retail investors, the fund will target annual returns of over 10% on a medium-term basis. It will adopt a similar strategy to Pegrum's existing hedge fund, which he has managed since launch in May 2005. Subject to FSA approval the fund will launch on 7 September.
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