He also highlighted the trust’s investment in the London Stock Exchange Group, saying he was encouraged by the “chutzpah” of its chief executive Officer, David Schwimmer, who in July said he has advised on hundreds of transactions in his career, but could not think of a single one as transformational and value-creating as this one”.
The LSE acquired data provider Refinitiv in early 2021.
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“We don’t own any companies where we don’t expect their future to be better than the past, however glorious,” said Train.
“The best really is still yet to come.”
sally.hickey@ft.com
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