Headwinds and opportunities
... but investors ditch SLI GARS
Nick Train has been aggressively topping up his holding in Hargreaves Lansdown shares, arguing fears over margin pressures at the platform are unfounded.
Nick Train has outlined the main themes which affected the performance of his Lindsell Train investment trust over the last year, noting a 'flight to quality', technological change, and India all impacted the fund in different ways.
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Nick Train, a long-term backer of Hargreaves Lansdown, has said the platform's assets could hit £240bn by 2020 - a figure which would mean adding £200bn in AUA over the next six years.