Portfolio Manager Factsheet
This was a wild month for the strategy, with big moves both up and down, just about cancelling each other out. Of course we are mortified by the biggest loss of value in January - that of Pearson. We wait for the final results next month. Burberry and Hargreaves Lansdown rose 10% and 12% respectively - both still recovering from relatively long periods of being out of favour with investors.
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.