Nick Train's Finsbury Growth & Income introduces continuation vote as annual discount doubles

Expected in January 2026

Sorin Dojan
clock • 2 min read

Finsbury Growth & Income trust will offer shareholders the opportunity to cast a continuation vote on the strategy’s current investment strategy as its discount continues to widen.

In its annual results published today (4 December), the FGT board said the trust did not take its continued support from clients "for granted" and said so far "no shareholder has expressed to us any appetite for a material change in [investment] approach". Lindsell Train investment trust attempts to improve ailing share price as Nick Train backs data and tech News about the continuation vote came as the trust announced its annual results for the year to 30 September 2024 which reported that FGT's discount had widened to 8.7% in FY 2024, up from 4.4% in the same period a year prior. ...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

Trustpilot