News

Tellworth Investments launches UK Smaller Companies Fund

16 October 2018

Tellworth Investments LLP, a BennBridge boutique (BennBridge is Bennelong Funds Management's UK subsidiary), is pleased to announce the upcoming launch of the LF Tellworth UK Smaller Companies Fund, which will be led by experienced investment duo Paul Marriage and John Warren.

The Fund, a UK OEIC which launches in November, is a continuation of the investment strategy that Paul and John previously managed at both Cazenove Capital and Schroders, and will invest in UK registered and listed companies with a market cap of £50m - £2bn, based on growth potential and value.

The duo will attempt to deliver superior returns for clients by investing in a portfolio of between 40 and 60 stocks, using a bottom-up stock selection process.

Prior to launching Tellworth, Paul managed the award-winning Schroder UK Dynamic Smaller Companies fund from 2006 to 2017, with John joining in 2010. During their tenure in charge of the fund it returned 435% versus the benchmark FTSE Small Cap Index of 114%.

Commenting on the launch, Paul Marriage, Co-Founder of Tellworth and manager of the UK Smaller Companies fund, said: "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."

As specialists in UK small and mid-cap stock picking, the Tellworth team will aim to continue to capture the alpha opportunity in small cap markets and strive to deliver superior returns to their clients. The new fund will sit alongside the team's £500m UK absolute return strategy.

 

1% management fee for institutional share class. Founders fee share class available.