Cazenove Capital is pleased to announce a strong set of results for 2020 with a post-tax profit increase of 11%. Assets under management increased by 7% as a result of strong net inflows from new and existing private clients, good portfolio performance and market appreciation. The acquisition of Family Office Sandaire in December added a further £2.4bn of assets under management and enhances Cazenove Capital’s established franchise with very wealthy UK families.
Over the year, the company continued its UK regional expansion with the recruitment of highly regarded teams in Manchester, Birmingham and Bristol.