Nick Train parts ways with publisher Pearson
Sale makes way for mystery holding to be added to Lindsell Train Global Equity
Pearson
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Redemptions from Nick Train’s UK fund motivated Pearson sale
‘When you have outflows, you have to sell something!’
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Nick Train halves stake in longstanding laggard Pearson
Lindsell Train founder said academic publisher had fallen short of other ‘digital winners’ in his portfolio
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Nick Train blames hedge fund ‘shenanigans’ for HL and Pearson share price volatility
Finsbury Growth & Income’s heavily shorted stocks shoot up during the Gamestop rally
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Nick Train defends Hargreaves Lansdown as pessimists play up Vanguard threat
Platform group’s shares dived 11% last month, making it Finsbury Growth & Income’s biggest detractor
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Nick Train touts Pearson share price resilience amid coronavirus sell-off
Beleaguered academic publisher could benefit from demand for online learning resources amid school closures
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Nick Train takes ‘a leap in the dark’ with Fevertree stake
Shares in the tonic maker have fallen almost 70% since 2018
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Nick Train champions ‘explosive’ Hargreaves among January laggards
Finsbury Growth & Income manager doubled stake in D2C business
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Pearson returns to the black
Academic publisher Pearson returned to profit in 2017 after posting a loss of nearly £2.5bn in 2016, its annual results showed today.
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Pearson upgrades profit forecast; validates Train
Pearson’s third quarter update painted an improving picture for the publisher and more good news for long-time backers like Nick Train.
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Unilever drives Train’s FGT to all-time high
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.
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RBS reveals Brexit plan as Pearson sheds Penguin Books
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.