Lindsell Train is an investment management business founded in 2000 by Michael Lindsell and Nick Train, one of the UK's best-known fund managers. The business focuses on the management of UK, Global and Japanese equity mandates for institutional clients. The company continues to be majority owned (72.5%) by the founders.
A further 3% is owned by staff and the remainder is held by a London-listed investment trust, the Lindsell Train Investment Trust plc.
Nick Train, manager of the £2.1bn Finsbury Growth and Income investment trust, has used cash from the buyout of the Daily Mail & General trust to add to his holdings of Experian and Fever-Tree, a move he says is “fortunate”.