Finsbury lines up Games Workshop splurge using merger windfall Investing Nick Train’s Finsbury Income and Growth fund is preparing to launch a spending spree on Games Workshop shares after pocketing a windfall from a string of acquisitions in its portfolio. The FTSE 250 investment trust – which can trace its roots back over a century – unveiled plans to use both debt and returns from [...]
Nick Train’s Finsbury fund slides further as AI triggers jitters Markets Nick Train’s Finsbury Growth and Income Trust (FGIT) has endured another torrid few days after being caught up in the sell-off in data and software stocks. The trust is heavily exposed to London’s leading listed software companies, all of which have faced heavy pressure since the launch of Anthropic’s legal productivity tool on Monday. At [...]
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 January 29, 2025 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.
Nick Train: We ‘acknowledge and apologise’ for our poor performance May 28, 2024 Nick Train, manager of one of the largest funds in the UK, has apologised for his poor investment performance, blaming the "malaise gripping the UK equity market".
Why one stockpicker thinks the FTSE 100 is ‘pregnant with value and opportunity’ May 21, 2024 The FTSE 100 and UK markets are "pregnant with value and opportunity", a leading City stockpicker has said
The week that was: hot property and an optimist’s guide to UK equities May 4, 2024 We wrap up another busy week in the Square Mile
Terry Smith in the doghouse over Fundsmith Equity underperformance March 4, 2024 The report from Bestinvest, which identifies the funds in the 'doghouse' due to persistent underperformance, saw the number of poorly performing funds rise sharply.