TM Tellworth UK Select
03 April 2024
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1 min read
RSMR has awarded TM Tellworth UK Select a rating for its “pragmatic” approach, praising the targeted absolute return fund’s lack of market correlation and marking the first rating for the recently acquired fund house, Investment Week can reveal.
The factor neutral long/short equities fund aims to generate returns of 8-10% per annum with 5-7% volatility and utilises a market cap cut off of a minimum £500m to ensure liquidity across its typical 40 long and 40 short holdings.
RSMR noted the “pragmatic, risk aware” fund had maintained consistent results despite a change to one of the co-managers and highlighted the search for “overlooked quality and value opportunities”.
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