Fund Management
What's New In Investments, Funds? - UBP, BlackRock, Others

The latest in funds and investments across Europe, Middle East and Africa.
Tellworth Investments
Tellworth
Investments, a BennBridge boutique, is going to launch the LF
Tellworth UK Smaller Companies Fund in November, which will be
led by investment duo Paul Marriage and John Warren.
The fund, a UK OEIC, is a continuation of the investment strategy
that Marriage and Warren previously managed at Cazenove Capital
and Schroders, and will invest in UK registered and listed
companies with a market cap of £50 million ($66 million) - £2
billion, 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, Marriage managed the Schroder UK
Dynamic Smaller Companies fund from 2006 to 2017, with Warren
joining in 2010.
BlackRock
BlackRock has launched the BlackRock Strategic Funds UK
Emerging Companies Absolute Return Fund, a long-short equity
strategy focusing on opportunities created by emerging
companies.
The fund will invest in small, mid and large capitalisation
companies that are at the early stage of their life cycle and/or
expected to experience significant growth. The fund also has the
remit to invest in international companies.
It expands BlackRock’s High Conviction Alpha suite of active
equity funds, which provides absolute return exposures to clients
seeking pure alpha returns with low correlation to market
indexes. This range forms part of the four suites that comprise
BlackRock's Active Equities platform: Systematic Alpha, High
Conviction, Specialised Outcomes and Thematics.
The fund is managed by Dan Whitestone, who is supported by
portfolio manager Nick Little and the wider UK team. The fund
uses a bottom-up, fundamentally-driven investment process,
focused on evaluating companies’ real underlying earnings power
and identifying emerging structural changes within
industries.
UBP
Swiss private bank Union
Bancaire Privée has launched the Positive Impact Equity
strategy.
The aim of the Positive Impact Equity strategy is to generate
long-term returns by investing in companies with revenue streams
which address the world’s most pressing environmental and
societal challenges.
The portfolio of 25–35 stocks will primarily be invested in
global themes through companies which meet measurable impact
criteria. UBP has developed its measurement framework in
collaboration with the Cambridge Institute for Sustainability
Leadership (CISL), an institution within the University of
Cambridge.
The strategy will be managed by London-based European equity
managers Victoria Leggett and Rupert Welchman.
Wellington Management
Investment manager Wellington
Management has launched the Wellington FinTech Fund.
The UCITS-compliant fund seeks long-term total returns by
investing primarily in companies globally that leverage
technology to deliver the next generation of financial
services.
Lead portfolio manager Bruce Glazer, who has 25 years of
investment experience in technology, will work closely with
Wellington’s finance investing team. They are supported by
specialists with experience in the three areas of investment for
the fund: payments, investment and lending, and financial
infrastructure.
The fund will use analysis and active stock selection to build a
portfolio of companies which the investment manager believes have
attractive business models, long-term growth potential and
management expertise.