Cazenove multi-manager fund wins praise

Tuesday, 10 November 2009 12:00

A multi-manager investment fund run by Cazenove has been given the seal of approval by analysts at Morningstar.

The Cazenove Multi-Manager Diversity fund has been hailed as superior by the ratings agency and included as a new entry is its latest fund ratings list, published this week.

Superior is the second highest accolade a fund can receive and means Morningstar has assessed it as being above average and capable of producing returns which beat its peers.

Nitya Pandalai Nayar, an analyst at Morningstar, said: “We think Cazeonve Diversity has several attractions.

“The management have worked together for a number of years, they’ve proved they can add value through asset allocation and, importantly, it’s cheaper than many peers.”

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