Lindsell Train hails LSE prospects as global equity fund lags benchmark in March

LSE “unique role to play” in ESG compliance

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Lindsell Train Global Equity Fund 1.2% behind benchmark in March.
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Lindsell Train Global Equity Fund 1.2% behind benchmark in March.

Paypal, Intuit and Hargreaves Lansdown (HL) drove down performance on Lindsell Train’s global equity fund in the first quarter of the financial year, as it ended March lagging its benchmark 1.2%, according to the firm’s latest fund report.

PayPal's share price fell 26% at the start of the year, which Lindsell Train attributed to management being penalised for "signalling a focus on the retention of higher value users at the expense of higher...

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