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Cazenove To Shut Absolute U.K. Dynamic Fund

Cazenove is closing the Absolute U.K. Dynamic fund.

    Cazenoveis closing theAbsolute U.K. Dynamicfund,FundWebreports. The fund, which is managed byPaul Marriage, will be shut after raising £225 million. The fund is currently valued at £130 million.

    The vehicle was first set up on Sept. 7, 2009. Within weeks, Cazenove ended the fund after gaining £123 million in subscriptions. It was again unveiled in January 2011.

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