Robin Griffiths has joined Cazenove Capital’s hedge fund team and will take responsibility for the day-to-day management of the Cazenove Worldwide Absolute Return Fund.
Robin Griffiths has joined Cazenove Capital’s hedge fund team and will take responsibility for the day-to-day management of the Cazenove Worldwide Absolute Return Fund.
‘Robin is a legend in the industry and we are really excited that he is joining us,’ says Cazenove chief executive Andrew Ross. ‘He has been an adviser to two hedge funds, and we anticipate that his work should help the fund achieve returns with low correlation and low volatility, which is very much where our reputation lies in the hedge sector.
‘We now manage more than USD2bn in our hedge fund range, and our funds have faired well in the volatile market conditions of the past few months.’
Cazenove expects to make use of Griffiths’ experience in asset allocation for its private wealth management business, and he will also work closely with other fund managers, particularly the multi-manager team.
Marcus Brookes, head of multi-management at Cazenove Capital, says, ‘I have used Robin’s input for many years, and it will be an enormous asset to have him sitting alongside us.’
Cazenove’s Diversity fund is currently top decile in the cautious managed sector over the past year, seven per cent ahead of the sector average.
Griffiths has been a respected technical analyst of world stock markets, bonds, currencies and commodities for more than 40 years. As a technical analyst with WI Carr, based first in Hong Kong and then Tokyo, he began to develop his own trading system by analysing stock and market trends.
He was chief technical strategist with HSBC for more than 20 years, and most recently was head of asset allocation with Rathbones. A keen sailor, Griffiths has crossed the Atlantic five times, setting a new British record in 1984 with Sir Robin Knox-Johnston.
