Cavendish Asset Management has announced the launch of five equity funds.
Four of the five funds, all sub-funds of the Cavendish Investment Funds Oeic, are geographic in their mandate. In the summer the group will launch an Asia Pacific fund to be run by Liz Evans, while European, Japan and North American mandates are now open for investment. These are run by Caroline Vincent, Ron Bullivant and Tim Roberts respectively.
Also now open is the Cavendish Technology fund, managed by Alison Hyde.
According to Cavendish, the North American and Asia Pacific funds both invest mainly in large and mid-cap stocks. The European fund invests in both developed and emerging economies, while the Japan fund holds companies across the market cap range.
The Technology fund will also mainly invest in large and mid-caps, although Cavendish says it will have some exposure to small caps.
The minimum investment for all five funds has been set at £2,500.