Nick Train says protecting investors from the effects of inflation and tax is a challengeNick Train, one of the City’s most experienced and high-profile fund managers, has warned that his investment firm is suffering from its worst performance in two decades. Train, who manages the £6.3 billion Lindsell Train UK Equity fund and is a co-manager of the £8.4 billion Global Equity fund, said he would not make any flippant predictions about the future of his investment company, “as we experience arguably the worst period of relative investment performance in our 20-year history”. SponsoredHis comments were made in the Lindsell Train Investment Trust half-yearly report where he also acknowledged that protecting investors from the effects of inflation and tax “is no trivial challenge”. Inflation is expected to rise above 5 per cent next year, which is more than double

Source: The Times December 08, 2021 00:09 UTC