1602.00p-16.00 (-0.99 %)04 Dec 2020, 16:40
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Smithson Investment Trust PLC Shares News & Articles

Asset managers including Nick Train snap up Fevertree shares following share price slump

Nick Train of asset manager Lindsell Train has joined other big name investors Fundsmith and Majedie Asset Management to buy shares in Fevertree (FEVR:AIM) following recent share price weakness. The fund manager has taken a maiden stake in the posh tonics business for his £1.7bn Finsbury Growth and Income Trust (FGT), calling it a ‘classic Lindsell Train idea’ thanks to strong brand power ...

Market report: Royal Mail set for FTSE 100 exit as markets drift on limited corporate news

All eyes are on Royal Mail (RMG) ahead of the FTSE 100 re-shuffle next Tuesday. With the shares trading down another 2% to 317p on Friday, its current market capitalisation of just over £3.2bn. That puts it in 119th spot in terms of valuation on the UK stock market, well below the 110th place cut-off, meaning it will automatically be ejected from the blue-chip index. This sums up a ...
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