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Cavendish appoints new sales manager

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Cavendish Asset Management has appointed Brett Garlick as a new sales manager as part of its continued push into the retail market.

 

Garlick’s remit at the boutique fund management firm will be to head its sales drive in the North, with a particular focus on Manchester. Garlick, previously Senior Business Development Manager at Friends Provident, brings over 12 years experience of financial services sales to the role, having also worked for Legal and General.
 
“This is an exciting time to make the move to a boutique investment firm such as Cavendish; their stockpicking approach is well suited to current market conditions," says Garlick. "As the global economic recovery marches on many investors will be looking for simple, transparent opportunities to ride the wave of long-term growth via stocks picked by managers with sound judgment and a proven track record. This is what Cavendish offers and I look forward to promoting its funds to a wider audience.”
 
The appointment marks the latest move in an expansionary period for Cavendish Asset Management. The firm launched two new funds last year – UK Select and UK Balanced – hot off the heels of five new funds launched in 2009, covering Technology, North America, Europe, Asia-Pacific, and Japan. Cavendish has enjoyed considerable success during this period, seeing its Funds under Management grow 39 per cent from GBP539m to GBP750m since January 2010. Inflows are also buoyant, with subscriptions during 2011 at near GBP20 million, already ahead of last year.  This has been in part due to the sector-leading performance of its flagship Opportunities and Worldwide funds, managed by Paul Mumford and Julian Lewis respectively.
 
Cronan MacMahon, Head of Sales and Marketing at Cavendish Asset Management, says: “Brett is a strong addition to the Cavendish team and a signal of the firm’s continuing ambitions in the retail arena. He has a long and proven history in delivering on sales campaigns in this sector, and I have little doubt that his talents will serve to further cement and build on Cavendish’s recent success.”
 

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