Train fends off Unilever critics
Nick Train has defended one of his top-held stocks, Unilever, from critics after its share price wobbled throughout October.
Nick Train has defended one of his top-held stocks, Unilever, from critics after its share price wobbled throughout October.
Pearson’s third quarter update painted an improving picture for the publisher and more good news for long-time backers like Nick Train.
Nick Train has added Manchester United to his Finsbury Growth & Income Trust, his first new holding in two years.
Nick Train has added Manchester United to his Finsbury Growth & Income Trust, his first new holding in two years.
Nick Train’s Finsbury Growth & Income Trust (FGT) has made a massive comeback in 2017, which the manager says is largely down to the failed merger between consumer goods giants Kraft Heinz and Unilever.
RBS and Pearson ended a busy week of reporting with big announcements, confirming an Amsterdam hard Brexit contingency plan and divestment of a 22% stake in a key business, respectively.
Cash ISA investors are ‘taking matters into their own hands’ and putting their money into vehicles from Neil Woodford, Nick Train and Terry Smith, data from Hargreaves Lansdown reveals.
Shares in Pearson plunged 26.8% to 591.8p on Wednesday as the publisher revealed its higher education business has “declined further and faster than expected in 2016.”
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.
Finsbury Growth and Income Trust manager, Nick Train believes the firm’s strategy will be sensitive to movements in the oil price over the short term.
One of the most highly regarded managers in the UK equity space, Nick Train reveals a surprising aspect of his approach, that much of it involves doing nothing, at least where trading is concerned.
According to Nick Train, manager of the Finsbury Growth and Income Trust, there remains long term value in the UK market.