Marriage and Warren's boutique Tellworth launches with £385m

Three new hires to the team

Multi-boutique firm BennBridge has launched Tellworth Investments, the boutique led by former Schroders fund managers Paul Marriage and John Warren, with £385m in assets under management.

Schroders announced in June it had agreed for BennBridge, a multi-boutique investment firm set up last year to partner asset managers, to become investment manager of both the UK UCITS and non-UCITS versions of its UK Dynamic Absolute Return funds, subject to regulatory approval and due diligence. BennBridge will manage the Schroders' SARFCO UK Dynamic Absolute Return fund and Schroders' SAS UK Dynamic Absolute Return fund, with £385m of total assets at launch, as part of the partnership with Tellworth, which is its first boutique. However, the long-only UK Dynamic Smaller Companies f...