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