Cazenove Capital Management is opening four private client multi-manager funds to the retail market, including a multiasset portfolio benchmarked against inflation with exposure to property, commodities and hedge funds. Subject to unit holder approval, the investment strategy of Cazenove Universal Balanced Portfolio, currently a typical Balanced Managed vehicle, will change in late August and the fund will be renamed Cazenove Multi Manager Diversity. At the same time, the firm's UK Growth Portfolio, International Portfolio and Growth Portfolio will rebrand as Multi Manager UK Growth, Mult...
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