INSUBCONTINENT EXCLUSIVE:
By Arie ShapiraA global equity fund whose manager has drawn comparisons to Warren Buffett in the UK press is outperforming rivals thanks to
a 166 per cent rally in World Wrestling Entertainment Inc
over the past seven months.
London-based Lindsell Train Ltd sits atop the holder list with 7.1 million shares at the end of March
This equates to almost 17 per cent of the total outstanding shares, according to Bloomberg data.
The company has been in the stock since at
least 2009, regulatory filings show.
Nick Train, who co-founded the company in 2000, has been called a "British Buffett disciple" by the
almost 9 per cent year-to-date and more than 20 per cent in the past year
The fund is beating 95 per cent of its peers this year and has outperformed 98 per cent in the past three years, according to data compiled
and Intuit Inc., which have both been on a tear over the past year
The firm also has a stake of about 20 per cent in professional sports club Manchester United Plc.
World Wrestling has soared 33 per cent in
The firm had $18.8 billion in discretionary assets under management as of January 31, according to an SEC filing.
