Nick Train is the founder, portfolio manager and director of Lindsell Train, the firm he co-founded in 2000 with Michael Lindsell, specialising in UK and global investments. Previously, he was head of global equities and director of M&G Investment Management from September 1998 to March 2000. Prior to M&G, he was an investment director at GT Unit Managers and chief investment officer of Pan-Europe at GT. Train joined GT Management in 1981 and was a director of GT Management (London). Train graduated in modernhistory from Rutgers University in the US.
£5.4bn takeover accepted in August
Number of underperforming funds still high
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Meeting convened for 23 August
Process downgraded from 'Above Average' to 'Average'
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'Core' LTL strategies struggle