Lindsell Train 'took advantage' of coronavirus sell-off panic

Added to Asia and luxury spending holdings in UK and global equity funds

Coronavirus 'began to dominate investor thinking' in January, according to Nick Train
Coronavirus 'began to dominate investor thinking' in January, according to Nick Train
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Nick Train said he "took advantage" of the coronavirus "panic" to add to the companies in his UK equity and global equity funds exposed to Asia and luxury spending in January.

In the January factsheet for the £6.6bn LF Lindsell Train UK Equity fund, manager Train said it had been "a difficult month to get a handle on, as coronavirus began to predominate investor thinking"...

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