"‘a pin passed through the end of an axle to keep a wheel in position’
‘a person or thing vital to an enterprise or organization’"

Linchpin - Oxford definition
For many, the origin of this word often conjures up sedate images of country life, but whether it was the romantic notion of the collection of hay on a sunny summer afternoon, or the more frenetic environment of a charioteer in the midst of a battlefield in bygone times, the loss or breakdown of a linchpin was certainly going to spoil your day, or worse. It’s easy to see over time why the word was adopted to describe essential individuals within families or organisations.

'The modern manager has a unique skillset'
'Great managers create great teams'

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Target Advisers LLP and Target Fund Managers Ltd (together ‘The Company’)

The views that are expressed are those of the individual employees/members within the Company and should not be considered as advice or a recommendation to buy, sell or hold a particular investment. They reflect personal opinions and should not be taken as statements of fact nor should any reliance be placed on them when making investment decisions.  This communication was produced and approved on the stated date and has not been updated subsequently. It represents views held at the time of writing and may not reflect current thinking. Target Fund Managers Ltd is authorised and regulated by the Financial Conduct Authority in the UK. Persons resident or domiciled out with the UK should consult with their professional advisers as to whether they require governmental or other consents in order to enable them to invest and their tax adviser for advice relevant to their own circumstances. All investment strategies have potential for profit and loss. All information is sourced from the Company and is current unless otherwise stated