Cavendish appoints director of portfolio management

Cavendish Asset Management has appointed fund manager Liz Evans as director of portfolio management.

Evans will assume the role with immediate effect, while continuing her existing role as fund manager of the £81.4m Cavendish Asia Pacific fund.

Chief investment officer Julian Lewis says: “Her role will be to work with the other Cavendish fund managers in seeking to either improve performance or maintain good performance over a prolonged period.

“This will also involve working more closely with the four in-house investment analysts that Cavendish draws upon in delivering its ‘intelligent investing’ approach.”

He adds: “She will continue to manage the Asia Pacific fund and working with the team will bring additional value to the management of all the Cavendish funds.”