Portfolio Manager Factsheet
We saw Daily Mail & General Trust management, DMGT has made a total investment of £80m into a property website/portal – PrimeLocation.com. We exited our “inherited” holding in Thomson Reuters, the shares have done well in recent years, but we are conscious that it is not a UK company and have always seen it as a potential source of cash.
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.