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Cavendish Asset Management – North American Fund

Cavendish Asset Management

North American Fund

Type: Oeic

Aim: Growth by investing in US equities, with a bias towards medium and big companies

Minimum investment: Lump sum £2,500

Investment split: 100% in US equities and other assets
Isa link: Yes

Charges: Initial 5%, annual 1.5%

Commission: Initial 3%, renewal 0.5%

Tel: 020 8810 8041


Survival instincts

When Home of Choice chief executive officer Gerry O’Brien invited me to become a non-executive director last year, I not only needed to do due diligence but also to under-stand the issues they faced and be satisfied that my executive experience (with Thinc, Bradford & Bingley and Merrill Lynch) would be of value to HoC.

A growing concern

Group Sipps may have lost their sheen to companies’ top earners since the Budget, but that is not enough to stop their continued growth. In an era when boardroom pay is under scrutiny like never before, it must surely be harder for decision-makers to let their own vested interests override those of the company they run.

Rockingham sets up annuity clearing house

Rockingham Retirement is set to launch a whole of market annuity service in a bid to help people with small pension pots get a better deal.


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