Finsbury Growth & Income weighs up ‘tactical opportunities’ in UK stockmarket
Manager Nick Train looks to deploy cash into ‘one or two’ new holdings
Manager Nick Train looks to deploy cash into ‘one or two’ new holdings
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Finsbury Growth & Income’s share price increased by 1.1% in the month of July
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Finsbury Growth manager had envisaged a full takeover of the club rather than a minority sale
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The manager has been adding to Diageo, despite the company encountering problems with its operations in Latin America
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Finsbury Growth & Income manager said the holding’s ‘blue-sky’ goals are achievable despite recent share price slump
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Investec’s Skin in the Game report found progress in gender diversity on trust boards and increased personal stakes by trust management
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As Nick Train’s trust hugged its FTSE All-Share benchmark during H1
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Especially as he has been ‘evangelising’ the drinks giants ‘to anyone who will listen’
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But the Finsbury Growth and Income manager says there remains a case for looking at UK companies ‘constructively’
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Finsbury Growth & Income manager namechecked Hargreaves Lansdown and Schroders as main offenders
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Pars Purewal’s 38-year career also includes a stint on the board at Federated Hermes
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As Finsbury Growth and Income Trust celebrates ‘quarter of improved relative performance’
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