Fundsmith

Terry Smith equity funds

Fundsmith is a London-based investment management company, founded in 2010 by Terry Smith. As of 31 December 2017, Fundsmith managed more than £14bn in assets.

Fundsmith operates a buy-and-hold investment strategy with a portfolio based on a small number of stocks, chosen through in-house analysis of company fundamentals, eschewing other techniques such as momentum investing, market timing or shorting.

Fundsmith operates two main investment vehicles: Fundsmith Equity Fund, an open-ended investment company (OEIC); and the closed-ended Fundsmith Emerging Equities Trust, which is a listed investment trust.

Funds

Spot the Dog: Underperfoming funds cost investors £410m a year in fees

£43.9bn assets under management in 'dog fund'

14 February 2020 • 4 min read

Funds

Terry Smith: Neil Woodford was 'playing a different game'

'Like Cristiano Ronaldo playing goalkeeper'

17 January 2020 • 5 min read

Funds

Terry Smith sells 'most cyclical stock'

Buys Jack Daniel's distiller

03 October 2019 • 1 min read

People moves

Fundsmith hires IFA sales director

Moves from Franklin Templeton

19 August 2019 • 1 min read

Funds

Fundsmith transfers assets to SICAV ahead of Brexit

€2.4bn from Equity fund

30 May 2019 • 2 min read

Emerging markets

Terry Smith hands over day-to-day running of FEET trust to manager duo

Michael O'Brien and Sandip Patodia taking over

22 May 2019 • 2 min read

Equities

Terry Smith defends weakest returns since inception for Fundsmith Equity

Annual letter to investors

22 January 2019 • 4 min read

Industry

Terry Smith in row with HL over exclusion from Wealth 50 - report

Accusing HL of only caring about own profits

09 January 2019 • 2 min read

Markets

The ten most popular funds with advisers this year on AJ Bell's Investcentre platform

Surprise entry from iShares

17 December 2018 • 1 min read

Investment Trusts

Smithson's record-breaking IPO shows 'cult of the star manager remains alive'

Largest trust IPO on record

22 October 2018 • 4 min read