Managing Partners and Investor interests aligned

The Fund was named ‘Endeavour’ to encapsulate the concept of ‘prolonged, industrious effort’, which is what we consider to mean sustained, or durable. And the founding of  Tellsons itself, to do just one thing, with the partners’ own money invested alongside other investors, aligned for the steady returns available from capital employed over the long term, purposely enshrines these values too.

The document is our regulatory disclosure relating to the UK Stewardship Code. UK Stewardship Code

Under Rule 2.2.3R of the FCA’s Conduct of Business Sourcebook, Tellsons Investors LLP is required to provide a disclosure about the nature of its commitment to the UK Financial Reporting Council’s Stewardship Code (the “Code”) or, where it does not commit to the Code, its alternative investment strategy.

The Code is a voluntary code and sets out a number of principles relating to engagement by investors with UK equity issuers. Investors that commit to the Code can either comply with it in full or choose not to comply with aspects of the Code, in which case they are required to explain their non-compliance.
Tellsons Investors LLP pursues investment strategies that involve investing in global equities. Tellsons Investors LLP seeks to act at all times in its clients’ interests and has accordingly adopted a Code of Ethics, a Conflicts Management Policy which covers Stewardship issues amongst other policies all of which are designed to ensure the correct outcomes for investors.

Tellsons Investors LLP monitors investee companies on a continuing basis. Tellsons Investors LLP invests primarily in large cap stocks. In practice, its ability to influence company management is principally through voting. Tellsons Investors LLP’s voting policy, to reduce costs to clients, is normally to limit voting to contentious matters. Tellsons Investors LLP does not currently offer regular reporting on its stewardship and voting activities. The firm does not have any formal arrangements to act collectively with other investors.

The Principles of the Stewardship Code are as follows:

Principle 1: Institutional investors should publicly disclose their policy on how they will discharge their stewardship responsibilities.

Principle 2: Institutional investors should have a robust policy on managing conflicts of interest in relation to stewardship and this policy should be publicly disclosed.

Principle 3: Institutional investors should monitor their investee companies.

Principle 4: Institutional investors should establish clear guidelines on when and how they will escalate their activities as a method of protecting and enhancing shareholder value.

Principle 5: Institutional investors should be willing to act collectively with other investors where appropriate.

Principle 6: Institutional investors should have a clear policy on voting and disclosure of voting activity.

Principle 7: Institutional investors should report periodically on their stewardship and voting activities.

Sign up for the latest commentary, insights and news from Tellsons.

Sign up for the latest commentary, insights and news from Tellsons.

Website Terms of Use

This page (together with any documents referred to on it) governs your use of the website,, (the ‘website’). Please read these terms and conditions (‘T&C’) carefully. By using this website you acknowledge that you have read, understood, and agree to be bound by the T&C. [please click on the button marked ‘Proceed’ at the end of the legal notices.] If you do not accept any of the terms of the legal notices, please discontinue use of this website.

i) The products and services described on this website are available only in the United Kingdom. The information on this website is not an offer or solicitation by anyone [in any jurisdiction in which an offer or solicitation cannot lawfully be made, or to any person to whom it is unlawful to make a solicitation]. This website is only intended for use by residents of the United Kingdom. If you choose to access this website from outside the United Kingdom, you do so on your own initiative and are responsible for compliance with applicable local, national or international laws and regulations.

ii) Nothing on this website should be construed as being investment advice.

iii) This website contains views and opinions of Tellsons Investors LLP and these may change over time.

iv) Whilst Tellsons Investors LLP uses reasonable skill and care in compiling the information on this website, errors or omissions may occur and no warranty is given as to its accuracy or completeness.

v) Any enquiries may be directed to