Lindsell Train is an investment management business founded in 2000 by Michael Lindsell and Nick Train, one of the UK's best-known fund managers. The business focuses on the management of UK, Global and Japanese equity mandates for institutional clients. The company continues to be majority owned (72.5%) by the founders.
A further 3% is owned by staff and the remainder is held by a London-listed investment trust, the Lindsell Train Investment Trust plc.
Nick Train, manager of the £2.1bn Finsbury Growth and Income investment trust, has used cash from the buyout of the Daily Mail & General trust to add to his holdings of Experian and Fever-Tree, a move he says is “fortunate”.
Outperformance in January
Lindsell Train Investment Trust has lagged the benchmark
ii sees concerns around resource and size of assets as well as performance
Has lost 9.4% over last 12 months
Company tweaks investment policy and performance fee
Investment trust adopts MSCI World Index in Sterling
Share prices to keep rising