Sid Chand Lall tells FundCalibre why he’s backing Bloomsbury Publishing

Marlborough Multi Cap Income Manager Sid Chand Lall has talked to fund ratings agency FundCalibre about why he is continuing to back Bloomsbury Publishing, which has been a long-term holding in the fund.

In the article on FundCalibre’s website, Sid says Bloomsbury, which is the publisher of JK Rowling’s Harry Potter books, continues to offer strong long-term growth potential.

He said: “Bloomsbury has a first-class management team and a strong stable of prize-winning authors, including Sarah J Maas, the number one New York Times bestselling author.

“Its Academic & Professional division is also going from strength to strength, underpinned by its Bloomsbury Digital Resources offering. The company has a robust business model that has consistently delivered profit growth.

27/04/23

Read the article here