Lindsell Train's top-ten holding in Nintendo in two of its funds and its investment trust has allowed the firm to take advantage of the craze for Pokemon Go following the introduction of the game to smartphones.
The game, which launched in the UK last weekend, has become a worldwide hit with smartphone users. An estimated 15 million people have downloaded the application across 26 countries. As a result, shares in Japanese company Nintendo, which has a minority stake in Pokemon Go, have risen some 70% over the five days to 15 July. They are currently trading at 27,780 yen, or £199 per share. LinkedIn shares soar 47% following Microsoft's $26bn takeover Since the start of the year, the stock is up 65%, and 30% over the 12 month period. Lindsell Train manager Nick Train holds 4.8% in th...
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