over one year, norwich's UK equity fund returned 5.58%,while hendersons UK capital growth registered just 1.21%
Hendersons' Richard Prew and Morley's David Lis were colleagues at Norwich Union for almost three years, but now run competing UK equity funds. Prew has managed the £105m Henderson UK Capital Growth fund since joining the group from Morley in February 2001, while Lis took over Prew's former portfolio, Norwich UK Equity, in November 2000. The Norwich fund is now £200m in size. The managers have been head to head since Prew joined Hendersons. Over the period 1 February 2001 to 1 September 2003, Prew has delivered the best performance of the two, with his fund ranked 127 out of 253 funds a...
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