
Following a period of significant underperformance, Nick Train, manager of the £2.1bn Finsbury Growth & Income trust, has explained his investment rationale for each of the 17 stocks that make up 98% of the portfolio in a lengthy statement in the annual report released today (15 December). The company's net asset value per share total return was 10.6%, for the year to the end of September, while the share price total return was 6.3%. The annual report acknowledged this was "disappointing" ...
To continue reading this article...
Join International Investment
Join International Investment today
Unlock members-only benefits:
- Unlimited access to real-time news, industry insights, video features and market intelligence
- Stay ahead of the curve with spotlights on international financial centres, regional trends international advice and global industry leaders
- Receive breaking news stories straight to your inbox in the daily newsletters
- Hear the latest cross jurisdictional developments in wealth planning, tax, regulation, investing, retirement and protection
- Members-only access to the Editor’s weekly news roundup newsletter
- Members-only access to analysis via our exclusive industry polls
- Be the first to hear about our events and awards programmes