Portfolio Manager Factsheet
Burberry was up 10% in March and is now outperforming the FT All Share year to date, as investors responded to the company’s appointment of a new Chief Creative Officer, Riccardo Tisci, who recently stood down after a successful decade at Givenchy. Your Company underperformed in Q4 2017, but despite these hits has outperformed over the first quarter of 2018. Believe me, we’re not patting ourselves on the back and we know many equity investors are expecting a resumption of a bull market in cyclical and value sectors which would probably be unhelpful for our relative performance.
Finsbury Growth & Income Trust PLC conducts its affairs so that its shares can be recommended by independent financial advisers (IFAs) to retail private investors. The shares are excluded from the Financial Conduct Authority's (FCA's) restrictions which apply to non-mainstream investment products because they are shares in a UK-listed investment trust.