Spring 2015

Spring 2015
The latest edition of our quarterly newsletter contains a feature on the newly formed Charity Authorised Investment Fund structure and how this can benefit charities. We look at the markets for the month, the quarter and the year, and take a look at how recent economic factors may influence the UK and Europe over the coming months.
Feature article
Farewell to Common Investment Funds?
Kate Rogers analyses the story behind the Budget announcement of a new Charity Authorised Investment Fund structure.
We review current economic and market views and what it means for our portfolios.
Other news
Economic overview - UK and Europe
Contact us
For more information, please contact your Portfolio Director or:
Joanna Barton
Tel: 020 7658 3104
joanna.barton@cazenovecapital.com
The opinions contained herein are those of the author and do not necessarily represent the house view. This document is intended to be for information purposes only. The material is not intended as an offer or solicitation for the purchase or sale of any financial instrument. The material is not intended to provide, and should not be relied on for, accounting, legal or tax advice, or investment recommendations. Information herein is believed to be reliable but Cazenove Capital does not warrant its completeness or accuracy. No responsibility can be accepted for errors of fact or opinion. This does not exclude or restrict any duty or liability that Cazenove Capital has to its customers under the Financial Services and Markets Act 2000 (as amended from time to time) or any other regulatory system. Cazenove Capital is part of the Schroder Group and a trading name of Schroder & Co. Registered Office at 1 London Wall Place, London EC2Y 5AU. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. For your security, communications may be taped and monitored.