Short positions pay off for Cazenove's Marriage
Cazenove's Paul Marriage said the short positions in his Absolute UK Dynamic fund have helped limit the effects of the August sell-off but warned September could be "similarly tough".
Marriage, who also runs the UK Smaller Companies fund at Cazenove, acknowledged his funds have not been completely immune to the sell-off and said he has been buying on weakness. Marriage’s outperformance...
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