Tellworth launches UK small cap fund
Tellworth Investments, a BennBridge boutique, has launched the LF Tellworth UK Smaller Companies Fund, which will be run by Paul Marriage and John Warren.
The fund would be a continuation of the investment strategy that the duet previously managed at both Cazenove Capital and Schroders, and would invest in UK registered and listed companies with a market cap of £50 million to £2 billion, based on growth potential and value.
The fund is expected to launch in November and hold a portfolio of between 40 and 60 stocks while using a bottom-up stock selection process.
“Having managed a similar fund since 2006 at both Cazenove and Schroders, John and I are delighted to be launching this fund and look forward to discovering more UK gems for our clients in the coming years,” Marriage said.
The new fund would sit alongside the team’s £500 million UK absolute return strategy.
BennBridge is the UK-based subsidiary of Bennelong Funds Management.
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