Morningstar downgrades Lindsell Train Global Equity process rating
Manager research team argues the fund’s competitive position has ‘diminished’
Manager research team argues the fund’s competitive position has ‘diminished’
They raked in £11.4bn in the first half of the year, with UK investors favouring US and global funds
While fixed income funds recorded their second worst month of withdrawals on record, according to the Fund Flow Index for May
The $360m fund gained much interest from investors since launch, but seeks to ‘maintain the integrity of its investment process’ by closing off new inflows
Some funds were flooded with fresh cash last year, while the likes of Fundsmith Equity and Liontrust Special Situations lost billions
James Sullivan of Tyndall Investment Management and Sarasin’s Neil Denman discuss the role global equity income funds play in a portfolio and the opportunities on offer