Former Stockbroker Paul Mumford believes boutique nature of fund makes brokers more amenable
Click here to download pdf Paul Mumford's Cavendish Opportunities fund remains little known in the retail market, despite boasting one of the strongest track records over several time periods. A former stockbroker, Mumford has been managing the fund since its launch in 1988. He is senior fund manager for Cavendish Asset Management, a subsidiary of Lewis Trust Group, which also owns the River Island Clothing chain. Working with just one other fund manager, Tim Roberts, Mumford said there are advantages to not having a bank of analysts aiding in stock selection, using a variety of broker r...
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