Train's FGT outperformance to continue but 2% discount is not yet a 'bargain'

A 2% discount – its widest for almost a decade – may not be enough to present a 'bargain' in Nick Train’s Finsbury Growth & Income investment trust (FGT), according to analysts.

Despite continued outperformance from FGT - 2019 represented its third calendar year beating its FTSE All-Share benchmark - the discount has widened in recent weeks. Performance started to decline around...