Train criticises 'languishing' Hargreaves Lansdown and Schroders shares

Off peak levels

Laura Dew
clock • 2 min read

Nick Train has said the shares of financial services giants Schroders and Hargreaves Lansdown could have performed more strongly for his Lindsell Train UK Equity fund this year, as they are still significantly below peak levels.

Hargreaves Lansdown and Schroders both feature in the fund's top ten holdings, at 6.7% and 6.3% respectively. However, Train (pictured) believes the performance of both companies could have been stronger during March, despite Hargreaves being the best performer in the fund during the month. Train reaffirms commitment to Burberry despite share price fall Train said: "Plenty of important positions languish well below their peaks. For instance, the best performer in March Hargreaves Lansdown, up 8%, is still 12% off its best.  "Schroders was up 2.5% in March - we thought it might h...

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