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You are here: Manager factsheet

David Cumming
BNY Mellon Fund Managers Ltd
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Manager profile
David Cumming joined Newton as Head of UK Equities in March 2022. David manages the BNY Mellon UK Income Fund with Tim Lucas, and heads up our UK equity investment team, working with Louise Kernohan and Georgina Cooper who run our UK Equity and Sustainable UK Opportunities strategies. David has been an active UK equity manager for more than 35 years. He was most recently Chief Investment Officer of Equities at Aviva Investors. Before that, he was Head of Equities at Standard Life Investments, and prior to that was a portfolio manager at Morgan Grenfell, Manufacturers Life and Edinburgh Fund Managers, having begun his career as an investment analyst at Royal London Mutual. He has an MA (Hons) in Economics and Accounting.
Total return for David Cumming
Manager career performance
Rolling Alpha Quartile: Discrete three year periods
Rolling Alpha Quartile shows a manager's alpha score in quartile terms, plotting his or her risk adjusted performance against all other managers in the UT & OEICs universe. The best managers are those who are consistently ranked in the first or second quartile.
 
Quartile 1
Quartile 2
Quartile 3
Quartile 4
 
 
 
 
 
60-96m
 
 
 
 
 
 
 
 
 
72-108m
 
 
 
 
 
 
 
 
 
84-120m
 
 
 
 
 
 
 
 
 
96-132m
 
 
 
 
 
 
 
 
 
108-144m
 
 
 
 
 
 
 
 
 
Discrete calendar year performance : David Cumming

Manager career performance
Discrete performance
  0-12m 12-24m 24-36m 36-48m 48-60m 60-72m 72-84m 84-96m 96-108m 108-120m
David Cumming 20.4 7.8 -3.2 65.2 -28.2 -2.5 -4.9 - 28.6 2.0
Peer Group Composite 17.1 4.6 -8.6 32.7 -16.1 6.4 -4.1 - 8.3 5.6
Over / Under 3.3 3.2 5.4 32.5 -12.1 -8.9 -0.8 - 20.3 -3.6
Performance vs peer group composite: David Cumming
How a manager matches up against their peers gives you some idea of how talented they are. Very few managers perform equally well in rising and falling markets, so knowing which type of market a manager is capable of performing well within is also important.
 
Overall markets
Up
Outperformed peer group composite
5 years
out of a possible 9
 
Overall markets
Up
Underperformed peer group composite
4 years
out of a possible 9
 
Rising markets
UpDown
Outperformed peer group composite
4 years
out of a possible 6
 
Falling markets
UpDown
Outperformed peer group composite
1 year
out of a possible 3
Funds currently managed
Fund Sole/Co-managed Sector Periods
BNY Mellon UK Income Co-managed UT UK Equity Income since Apr 22 2022 to present
BNY Mellon Sustainable UK Opportunities Co-managed (deputy) UT UK All Companies since May 30 2024 to present
BNY Mellon UK Equity Co-managed (deputy) UT UK All Companies since May 30 2024 to present
Funds managed previously
Fund Periods
ASI UK Recovery Equity since Mar 06 2009 to Mar 13 2017
Aviva Inv UK Listed Equity High Alpha since Feb 01 2018 to Jun 30 2021
Aviva Investors UK Equity Unconstrained since Feb 01 2018 to Jun 30 2021
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Data provided by FE fundinfo. Care has been taken to ensure that the information is correct, but FE fundinfo neither warrants, represents nor guarantees the contents of information, nor does it accept any responsibility for errors, inaccuracies, omissions or any inconsistencies herein. Past performance does not predict future performance, it should not be the main or sole reason for making an investment decision. The value of investments and any income from them can fall as well as rise.

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