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.
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%
Fund will stay on Super 60 list
Cites 'broader opportunity set' than UK market
Under pressure from regulators