Star stockpicker Lindsell kicks off to prop up flagging trust Investing The manager of one of Britain’s best-known investment boutiques has bought nearly £150,000 worth of shares in his own investment trust in a show of faith in its strategy just days after it offered shareholders an opportunity to sell-up. Michael Lindsell, who along with star stockpicker Nick Train manages the £115m Lindsell Train Investment Trust, [...]
Star stockpicker Nick Train buys more shares in his Finsbury Growth trust Investing Star fund manager Nick Train has ploughed over £200,000 into his struggling Finsbury Growth and Income Trust, in a further show of support for the 100-year-old trust’s investment strategy just weeks before a crunch continuation vote to mark its centenary. Train, who has managed the £1.3bn trust’s portfolio since 2000, bought 25,000 shares in the [...]
Nick Train: ‘I’m running out of ways to say sorry’ for poor performance Investing Star fund manager Nick Train has apologised again for the poor performance of his £1.4bn Finsbury Growth & Income trust. Over the last five years, the trust’s share price has grown only 10.9 per cent, compared to its benchmark’s growth of 26.5 per cent, according to its most recent factsheet. Tracking the FTSE All-Share index, [...]
Nick Train’s Lindsell Train Global Equity fund downgraded after years of poor performance July 17, 2024 Nick Train's performance has left much to be desired over the past five years.
Nick Train rakes in £16m despite fund’s poor performance June 4, 2024 Despite publicly apologising for the poor performance of his fund, Nick Train has been raked in millions from running his trust.