Lindsell Train opens up £27m North America equity fund to investors
Estee Lauder, American Express and Alphabet make up the biggest holdings
Estee Lauder, American Express and Alphabet make up the biggest holdings
Global equity and income trust funds were among 17 casualties
Lindsell Train founder said academic publisher had fallen short of other ‘digital winners’ in his portfolio
Juventus and Hargreaves Lansdown have experienced double-digit share price drops in the last year
LTIT dropped its easy-to-beat gilts benchmark for the MSCI World this year
‘For any investment trust that has a performance fee, the measure of success should be fair’
Nick Train’s investment boutique is currently valued at over £350m
Michael Lindsell’s fund has lost investors 9% in one year while the Topix has risen 25%
Manager Chris Field says DMGT is worth double what the Rothmere family are willing to pay
Finsbury Growth & Income Trust has this year delivered its weakest relative returns since 2007
FUM grew by just 6% in 2021 compared to 32% spike the year before
Nick Train’s boutique owns 12% of FTSE 250 wealth manager though this is set to be diluted