Cazenove is closing the Absolute U.K. Dynamic fund, FundWeb reports. The fund, which is managed by Paul 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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