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.
Vanguard best value asset manager in Q1
Parent company accounts for half the trust's assets
Individual holdings breach limits
Increases holding to 50.2% of investment trust
'The right thing to do'
£43.9bn assets under management in 'dog fund'
Added to Asia and luxury spending holdings in UK and global equity funds
Most successful managers take a trip down memory lane
Share price dropped by 3.5%