Cavendish hires Investec W&I broker as UK equities head

Spent nearly 30 years at Investec W&I

Cavendish Asset Management has hired veteran broker Nick Burchett from Investec Wealth & Investment as head of UK equities to work alongside Paul Mumford.

Burchett (pictured) spent almost 30 years at Investec W&I as head of dealing, specialising in smaller companies, and for 20 of those years, Mumford used him as his specialist stock broker. He will now work directly alongside Mumford, manager of the £151m TM Cavendish Opportunities fund, assisting the firm's clients with a focus on investment timing and improving the trade execution process. His 20-year relationship with Mumford means Burchett has prior knowledge of the £68m TM Cavendish AIM fund and TM Opportunities fund. The firm added his long-term focus will bring an added dimen...