Cavendish Asset ManagementMaintaining top performance via flexibility

four for 2004

Originally set up to run the Lewis family's finances, Cavendish Asset Management now has £300m assets under management

Cavendish Asset Management has no hopes or aspirations of becoming a significant player in the fund management field, despite highly marketable performance from its two retail funds. Instead, Paul Mumford, a senior fund manager at the group, says the company is concerned with doing a good job with the assets it already holds, although it would welcome some additional interest. Cavendish, which has £300m in assets under management, is a subsidiary of the privately-owned mini-conglomerate, the Lewis Trust Group. Lewis Trust holds various interests worldwide, including the River Island re...