CityWire – Cazenove Capital is to re-open Paul Marriage’s Absolute UK Dynamic strategy after a turbulent period of performance and the departure of co-manager Neil Pegrum (pictured).
A spokesperson for Cazenove Capital said there is around £60 million in spare capacity for the strategy, which currently runs £74.5 million on the hedge fund side and £71 million in the Newcits version. Cazenove said there is no set allocation on how much of the spare capacity will be put towards each fund.
