'No sign of respite' for Lindsell Train investors
Lindsell Train Investment Trust was hit by exposure to consumer giants including Unilever, Diageo and Laurent Perrier, whose shares have tumbled.
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Lindsell Train Investment Trust was hit by exposure to consumer giants including Unilever, Diageo and Laurent Perrier, whose shares have tumbled.
Among the companies with reports and trading updates today are Tui, Ten Entertainment, BAT, Paragon Banking Group, Weir Group and Stagecoach.
City stockpicker Nick Train warned there was “little sign of respite” today as his London-listed investment trust reported another slump.
The Lindsell Train trust has reported a NAV drop of 3.6% in the six months to September, as its stake in Lindsell Train Limited weighed on performance
Finsbury Growth & Income trust has added to its holding in Experian, following a sharp sell-off of its shares.