London-based fund manager Lindsell Train has shown its confidence that the sports and entertainment sectors can bounce back from the Covid-19 pandemic, buying $90m of stock in the sectors in the second quarter of this year.
The firm, which was founded by Nick Train and Michael Lindsell and manages over £21.7bn (€24.4bn/$28.9bn), has increased its shareholdings in ESPN operator Disney, English Premier League Club Manchester United and scripted fight promotion World Wrestling Entertainment, according to the Financial Times.
You need to have an account to access our content
Find out more about our news, features and services
Already have an account? Sign in here
