Cazenove Capital Management is planning to combine its £69 million U.K. Dynamic Fund and £62.4 million U.K. Opportunities Fund in May 2011, Financial Times reports. The merged fund will be managed by Julie Dean. The move is awaiting shareholders’ approval. The U.K. Dynamic fund has delivered a third quartile return of 10.4% over one year to April 8, while the U.K. Opportunities fund has delivered a return over five years to April 8 of 38.2%.
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