Lindsell Train trust retools method for valuing Nick Train’s fund business
New ‘more transparent’ methodology gives Lindsell Train Limited an implied P/E of 8-11x
New ‘more transparent’ methodology gives Lindsell Train Limited an implied P/E of 8-11x
|
|
93% of shareholders backed the call to shut down trust formerly known as Gresham House Strategic
|
|
As it mulls a premium listing on the main market of the London Stock Exchange
|
|
‘Modestly high inflation and modestly strong growth’ would be supportive but tide could turn if equity markets correct
|
|
While trio of Russian mining firms among most-bought equities for the second month in a row
|
|
Fidelity China Special Situations raised its limit to 15% last year
|
|
Shares are up 74.3% since managers Ian Lance and Nick Purves took the helm in October 2020
|
|
Boutique’s ‘entrepreneurial culture’ has attracted heavy-hitters like Rosemary Banyard and Simon Evan-Cook
|
|
But manager Nick Train is quick to point out there are no guarantees the streak will continue
|
|
Shareholders voted to shut down Gresham House Strategic in December but a U-turn could be on the cards
|
|
TFIF board was criticised for not giving shareholders a say on the transaction
|
|
FTSE Russell ousting Evraz and Polymetal International along with two other firms
|
|