Morningstar downgrades Nick Train's funds on capacity concerns
'Less nimble'
Morningstar has downgraded its ratings in Nick Train’s LF Lindsell Train UK Equity fund and Finsbury Growth & Income investment trust over capacity concerns.
The ratings agency said it had downgraded the ‘Acc' share class of the UK Equity OEIC from Gold to Bronze, and the trust from Gold to Silver. Analyst Peter Brunt said the sheer size of the strategy...
More on Investment
FCA raised concerns with ACDs twice before Woodford collapse
Kept details private
BlackRock embraces sustainability as 'new standard' for investing
Commits to doubling ESG ETF options to 150 among other actions
UCIS land banking victims to share £2.5m
FCA in High Court victory
UK economy sees worst growth since 2012
Annual growth of 0.6% weakest for more than seven years
Laura Suter: The most unpopular part of the investment market is...
It’s unlikely that any end-of-year quizzes asked which part of the market was most unpopular with UK investors in 2019, writes Laura Suter, but it’s a pretty interesting answer...
More news
Niche's Mighty Duck: Advice firm's administrator makes GB ice hockey team
For 2022 Winter Olympics
National planning firm Perspective Financial Group appoints new chairman
30 years experience
Targeting younger clients: Meet the adviser hoovering up 'HENRYs'
It’s The Pro Adviser Podcast
Tom Ellis: Let's hope the platform market winds are changing
A storm has caused havoc in the adviser platform market over the last couple of years, says Tom Ellis, but advice firms will no doubt be expecting to see some sunshine soon
Equity release market growth stalls in 2019
£3.4bn released last year
