Lindsell Train staff pay averages £1m
Lindsell Train fee revenue has jumped, according to its latest financial statements, with performance fees almost tripling on the back of strong performance and inflows.
Lindsell Train fee revenue has jumped, according to its latest financial statements, with performance fees almost tripling on the back of strong performance and inflows.
A stretched premium has seen Lindsell Train top investment trusts for performance in the first quarter, over a period when the listed closed-ended funds outperformed wider markets, according to a report from Stifel.
Nick Train says it is wrong to categorise his funds as bond proxies even as he defends the outlook for the interest-rate sensitive type of equities.
Dividend hikes from Nintendo, Kao and Shiseido helped the Michael Lindsell-run Japanese Equity fund to “surprisingly” outperform the Japanese stock market, according to the fund’s latest monthly update.
LGT Vestra has sliced its holding in major UK equity funds, including Neil Woodford’s flagship equity income fund, across its core managed portfolio service strategies as it moves away from UK equities.
Which funds were investors’ favourites during a month that has a reputation to be the most volatile? Portfolio Adviser looks at The Share Centre’s statistics to see which vehicles were the most traded in October.
While Fundsmith Equity, Woodford Income and Lindsell Train Global were the most popular funds in September, Vanguard “muscled its way in to the top five”, according to Interactive Investor.
UK retail investors are continuing to pull out of UK equity funds at an alarming rate, but Tilney Group managing director Jason Hollands argues the asset class is getting a bad rap.
Home to some of the most recognisable names in the investment company universe, the Global sector offers variety through a multitude of different manager philosophies.
Nick Train’s Finsbury Growth and Income Trust had a ‘disappointing’ November in large part due to the performance of the Daily Mail and Pearson, the manager said.
The Lindsell Train Investment Trust has taken the decision to stop using gearing in the future, largely as a result of the costs involved of adhering to the full scope of the Alternative Investment Fund Managers Directive.
According to Nick Train, manager of the Finsbury Growth and Income Trust, there remains long term value in the UK market.