Lindsell Train Investment trust continues to "represent a risky investment if bought at today's approximate 90% premium", according to manager Michael Lindsell.
Writing to shareholders in the trust's latest monthly report, Lindsell noted the net asset value (NAV) had advanced 19% in the year to 31 May, but that had been outstripped by the share price, which has...
Head to remain in Paris to front local credit team
Countdown to 31 October
Two new hires to join firm
Moves from Franklin Templeton