Reap long-term rewards from consumption and technology stocks

A professional investor tells us where he’d put his money. This week: Nick Train, portfolio manager of the Finsbury Growth & Income Trust, highlights four favourites.

Cadbury chocolate bars
(Image credit: Getty Images)

Finsbury Growth & Income Trust invests primarily in British companies, focusing on four core themes: luxury and premium products; beloved, mass-market consumer brands; data and software companies; and providers of wealth-management services in the UK. 

The pace of technological change is evidently accelerating and in stockmarkets great wealth is being created. But wealth is also being destroyed as new applications displace old ways of doing business. Sometimes these new applications make redundant even recently emerged technologies, and this is why investing in technology has a well-justified reputation for being risky.

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Nick Train

Nick Train co-founded Lindsell Train Limited in 2000. He is the portfolio manager for UK equity portfolios and jointly manages Global portfolios.

Nick has over 40 years’ experience in Investment Management. Before founding Lindsell Train, he was Head of Global Equities at M&G Investment Management, having joined there in 1998 as a Director. Previously he spent 17 years (1981 – 1998) at GT Management which he left soon after its acquisition by Invesco. At his resignation, he was a Director of GT Management (London), Investment Director of GT Unit Managers and Chief Investment Officer for Pan-Europe.

Nick has a BA Honours Degree in Modern History from Queen’s College, Oxford.