Finsbury Growth & Income Trust plans to increase its holding in Games Workshop after receiving fresh capital from takeover activity elsewhere in its portfolio.
The trust is preparing to use proceeds linked to the acquisitions of Schroders and Intertek, alongside additional borrowing, to buy more shares in the owner of the Warhammer brand. The decision places Games Workshop at the centre of Finsbury’s next phase of portfolio deployment.
Finsbury first invested in Games Workshop in 2025. It now intends to add to that position because it sees further value in the company’s profitability, pricing power and international expansion potential.
Games Workshop owns the intellectual property behind Warhammer, giving it direct control over its characters, settings and gaming systems. The company earns revenue from miniature models, games and related products, while also licensing its brands for use in video games and other media.
Its core products generate direct sales, while licensing creates additional income without requiring the same level of manufacturing investment. Finsbury’s decision to increase its stake suggests confidence that these revenue streams can continue to support the company’s long-term development.
Games Workshop will not be the only company to receive new capital. Finsbury also plans to add to existing holdings in London Stock Exchange Group, Sage and Relx.
Finsbury Growth & Income Trust Plc (LON:FGT) invests in the shares of predominantly UK-listed companies, with the objective of achieving capital and income growth.
