Nick Train buys more Diageo despite profit warning hit to Finsbury Growth & Income
A profit warning by Diageo was “a major drag on performance” for the Finsbury Growth & Income trust in November.
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A profit warning by Diageo was “a major drag on performance” for the Finsbury Growth & Income trust in November.
New Unilever chief executive Hein Schumacher has only had his feet under the desk for about 100 days, but already he is under pressure. After years of…
New Unilever chief executive Hein Schumacher has only had his feet under the desk for about 100 days, but already he is under pressure.
Shares in Finsbury Growth & Income, a £1.6bn former top-performer managed by Nick Train, have fallen 7pc below the value of its blue-chip consumer stocks, making it by one measure the cheapest investment trust in the UK.
The £1.8bn Finsbury Growth & Income trust (FGT) has lagged its benchmark for the third consecutive year, according to the trust's annual results.