Fundsmith Equity retains Square Mile rating despite cloud of section 166 review
Research firm unable to ascertain ramifications for Terry Smith’s £24bn flagship fund
Research firm unable to ascertain ramifications for Terry Smith’s £24bn flagship fund
City watchdog ‘can’t keep delaying this report indefinitely’
‘It has become very difficult for investors to know exactly how responsible a fund really is’
Fund group enjoys record quarter as gross sales for its equity products jump 60%
However, green funds in most regions held up better than conventional market
IA UK All Companies strategies sustained lower losses than global, US and European peers in April on average
Whereas UK stocks gave ‘creditable’ performance in a poor month for markets across the board
While investors yank more cash from Baillie Gifford and Blackrock
Fund has seen assets shrink by 88% over five years
Fund was made available to retail investors on the Quilter platform by mistake
Five of the Edinburgh manager’s funds and trusts are nursing 20% losses
Square Mile swaps it out for the Schroder Managed Balanced fund