Lindsell Train faces worst performance in 20 years
Nick Train, one of Britain's most well-known fund manager has seen his portfolio fall behind this year..
Source: thisismoney.co.uk
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Nick Train, one of Britain's most well-known fund manager has seen his portfolio fall behind this year..
'We underperformed during the first quarter because investors were chasing beaten-up UK value and recovery stocks - which we do not own,' said Train.
Lindsell Train Ltd’s funds under management have risen 3% in the six months to the end of September, despite net outflows of £743m.
Nick Train's investment boutique is currently valued at over £350m
Lindsell Train’s funds under management have risen 3% in the six months to the end of September, despite net outflows of £743m.