Manager Nick Train suggests negativity about two key holdings is unwarranted
Thursday 13 Feb 2020 Author: Yoosof Farah
Two Lindsell Train funds were among the most sold by investors in January as the fallout from a ratings downgrade continues. Around £225m was pulled in January from LF Lindsell Train Global Equity (B3NS4D2) and LF Lindsell Train UK Equity (B18B9X7) , according to estimates by Morningstar. This followed the financial information provider’s decision to downgrade the UK equity fund the previous month from ‘gold’ to ‘bronze’ over liquidity...