Nick Train has praised asset managers for their strong contribution to the returns of his £6.8bn Lindsell Train UK Equity fund in April, calling it a "spectacular month".
In the latest fund commentary, the manager revealed that the top three contributors to the fund's return last month included Hargreaves Lansdown and Schroders, both of which suffered share price falls...
December 'remains achievable'
Able to monetise its assets
Formal agreement set to be announced soon
Cash holdings continue to grow