Cazenove Unveils Balanced Diversity Fund Of Funds

May 25 2012 | 3:20am ET

Cazenove Capital Management has launched its third "diversity" fund of funds.

The new balanced fund can invest up to half its assets in alternative asset classes, the firm said. The new fund is managed by Marcus Brooks and Robin McDonald, the former Cazenove's head of multi-manager funds.

Brooks and McDonald will determine an asset allocation before hiring fund managers to fill the slots.


In Depth

Steinbrugge: Top 10 Hedge Fund Industry Trends for 2017

Jan 3 2017 | 9:03pm ET

Each year, Agecroft Partners' Don Steinbrugge predicts the top hedge fund industry...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

DarcMatter: The Top Trends in Alternative Investments for 2017

Jan 13 2017 | 8:22pm ET

The $7 trillion alternative investments industry is poised for continued growth...

 

From the current issue of

The U.S. Commodity Futures Trading Commission (CFTC) ordered The Goldman Sachs Group Inc., and Goldman, Sachs & Co. to pay a $120 million penalty for attempted manipulation and false reporting of ISDAFIX Benchmark Rates, a global benchmark for interest rate products.