An adviser who scammed his family, Lindsell Train's struggles and digital assets - here's our weekly heads-up on the financial stories that may have caught your clients' attention over the weekend … So-called ‘star manager' Nick Train's £6.6bn Lindsell Train UK Equity fund has been downgraded by research group Square Mile amid fears it could struggle to deal with a prolonged sell-off, The Sunday Times reports. Nearly £600m has left the fund since June following six months of poor performance. For a decade, the fund has been one of Britain's best performing, but doubts have been raised...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes