Cazenove through £300m barrier

The four-strong range of funds consists of the Diversity, Managed Equity, UK Growth and Global (ex-UK) funds. The Diversity fund has seen assets under management more than double throughout 2006; it is now worth £55m having risen from £25m at the start of 2006. Robert Thorpe, the company’s head of UK advisory sales, believed the increase in size was a reflection of the global economic outlook and a desire from advisers for more all weather multi-asset funds. Advisers are becoming increasingly concerned about the outlook for the global economy and equity markets, and the appetite ...