Biotech and Pharma Rebound Strengthen Thermo’s (TMO) Organic Growth

Lindsell Train Ltd, an investment management company, has released its “Lindsell Train Global Equity Fund” third-quarter 2026 investor letter. The letter can be downloaded here. To drive long-term capital growth, the LT Global Equity Fund maintains a concentrated portfolio of developed-market global equities. The Fund fell 1.4% in Q3 2026, trailing the MSCI World Index (+1.8%). Positive gains in July and August driven by strong investee earnings were offset by a September pullback as rising...