Cavendish Asset Management (AM) has announced changes to managerial positions within the structure of the TM Cavendish funds' team.
The firm's CIO Julian Lewis is to take a step back from managing the TM Cavendish International fund and TM Cavendish UK Balanced Income fund, but will retain oversight of the group's investment strategy. Liz Evans, who has been at Cavendish her entire investment career, will take over the management of the TM Cavendish International fund. Meanwhile, the TM Cavendish UK Balanced Income fund will be managed by Tom Donneky, who joined in 2014 to concentrate on US equities. Donneky will relinquish his US responsibilities. Previously, Evans managed the TM Cavendish Asia Pacific fund fr...
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