The Cazenove European Equity Absolute Return Fund, managed by Chris Rice and Steve Cordell has now reached �110m, post dealing on 1st August 2005. Having doubled assets over the past 6 months, theintention is to �soft� close the Fund to new investors at the end of October.
The managers� approach is widely acclaimed as a genuine asset diversifier, delivering consistent incremental returns from both sides of the balance sheet.
Asset flows into the Fund reflect the growing demand for our proven business cycle approach which delivers consistent returns with low volatility and virtually no correlation to the market. Asset stability and high subscription levels from new and existing shareholders have been key considerations in our decision to soft close in the autumn.
