Nick Train halves stake in longstanding laggard Pearson
Lindsell Train founder said academic publisher had fallen short of other ‘digital winners’ in his portfolio
Equities
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UK dividends rebound to £94.1bn but ‘recovery is not complete’
Banks and oil companies should be main engines of progress in 2022 but mining may be running out of steam
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Terry Smith takes aim at Unilever’s ‘gin rummy management’
Fundsmith founder describes failed £50bn bid for GSK Consumer as a ‘near death experience’
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Jupiter halves stake in controversial fast fashion retailer Boohoo
Fund group stuck by Pretty Little Thing owner amid investigation for slavery in its supply chain
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Sanlam Investments creates head of investment and risk role
Current head of UK equities to fill the position
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Will equity income be the comeback kid of 2022?
UK equity income funds saw performance improve in 2021 but investors still pulled £3.8bn
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Nick Train: ‘I can barely remember a time in my 40-year career when there have been so many opportunities’
Finsbury Growth & Income singles out Rathbones as a strong play on the UK
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Neuberger Berman multi-asset boss predicts equity income comeback in 2022
Rising inflationary and rates environment and stretched multiples bode well for hard done asset class, says Erik Knutzen
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Trio of Lindsell Train stocks among the most-shorted in Europe
Juventus and Hargreaves Lansdown have experienced double-digit share price drops in the last year
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‘Better late than never’: Terry Smith defends Amazon buy in annual shareholder letter
Fundsmith CEO also slams Unilever’s obsession with touting sustainability credentials
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SJP delivers 30% blow to Magellan shares as it yanks £10bn worth of mandates
Australian star fund manager Hamish Douglass had been running several mandates for the wealth manager
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UK fund buyers have change of heart on European stocks heading into 2022
Asset class returns to favour after suffering £600m of outflows in Q2, latest Bonhill Intelligence report shows