Portfolio Manager Factsheet
Kraft Heinz’ (KHC) approach to Unilever (ULVR) was a significant event for our portfolios. The size of the proposed transaction was a wake-up call for corporations all over the world - and their investors. Buffett and 3G, arguably the most successful private equity concern of the last decade, have just placed a £40 sighting shot on ULVR’s equity.
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.