IC Interviews: UK equity manager Nick Train

Dave Baxter welcomes back popular UK equity manager Nick Train to The IC Interviews. Best known for co-founding Lindsell Train Ltd and running its UK Equity, Global Equity funds and the Finsbury Growth and Income Trust, Nick is a household name when it comes to picking UK stocks.
In this episode, Nick shares his thoughts on the state of the UK equity market, British luxury designer Burberry, the events that would lead him to sell a holding and more.
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01:23 The state of the UK equity market
10:32 The rise of US investors on UK company shareholder registers
14:37 Reforms in the UK
19:27 AI "winners"
26:10 Hargreaves Lansdown outlook
31:56 Thoughts on Burberry
38:04 Diageo: thoughts on its troubles in the US market?
41:43 What would make him sell a holding?