Marriage unveils plans for Tellworth Investments

Investors in certain AIM [Alternative Investment Market] stocks can benefit from business property relief (BPR), which allows them to avoid any inheritance tax liability when they pass on holdings to their next of kin, as long as they have held the shares for more than two years. This benefit has caused a skew in valuations at the top end of AIM, Marriage said. Schroders' Marriage and Warren exit to set up Tellworth Investments "What concerns me is these are relatively mainstream companies that do not have nice leadership positions or intellectual property that we like," he said. ...