08 September 2021 | Paul Dixey
Investing in the UK
This week Paul reminds us not to forget UK Smaller Companies when he talks to Paul Marriage, Fund Manager of the Tellworth UK Smaller Companies Fund and Co-Founder of Tellworth Investments
01:25 - We begin by looking back to PM’s early experiences as a young investor and
04:46 - the building of his career at Cazenove surrounded by some other great managers of that era.
06:17 - PM explains why the UK smaller company market is so exciting
08:50 - PD discusses how to build a meaningful track record over the years
11:08 - PM describes ‘P3M investing’ citing that famous fizzy mixer company he was an early investor in
12:57 - Is there space in a portfolio for companies that do not quite meet the high standards of P3M businesses, ie ‘value’ investments
16:23 - PM explains the drivers behind setting up an investment boutique
19:10 - How Tellworth think about responsible investing
21:35 - Why UK smaller companies can perform well from an ESG perspective
24:30 - As we emerge from the pandemic and with a Brexit deal decided, what is the mood of corporate Britain
27:36 - What should we take from the elevated levels of UK mergers and acquisitions
30:40 - PM shares some advice for young investors and, as we are in the middle of the Test Match Series with India, we finish with a cricket related question: 33:39!