Terry Smith fund balloons to £10.5bn as sales pour in
Terry Smith’s six-year old Fundsmith Equity fund has surged to £10.5bn in size as it continues to dominate execution-only fund sales charts.
Fundsmith
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Rich List 2017: Familiar names galore but no sign of Woodford
This year’s Sunday Times Rich List has been published and several familiar names from the wealth management and investment industry are present.
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Woodford seeing double in March sales boost
Neil Woodford scored a notable double with his new Income Focus Fund and established Equity Income Fund dominating sales through The Share Centre in March.
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Smith beats Woodford in Tilney Bestinvest rankings
Terry Smith’s £8.7bn global equity fund Fundsmith Equity snagged the top spot in Tilney Bestinvests list of the most selected funds of 2016, edging Neil Woodford’s equity income fund into second place.
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I will vote for Brexit – Terry Smith
Fundsmith’s Terry Smith has said he will vote to leave the EU on 23 June.
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Fund manager profile: Terry Smith
Terry Smith’s varied career has made him highly unusual within the ranks of fund managers. The combination of the different roles he has held during his 41-year career has resulted in a rare degree of industry insight.
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Is the US equity party over?
The Fed has signalled a rate rise, and dollar strength has played its part, but it will take unforeseen events to halt the US equity rally.
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QE, zero rates driving deflation – Terry Smith
Quantitative easing and its sister, zero interest rates are having a deflationary impact on the global economy says Fundsmith CEO, Terry Smith.
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BlackRock Woodford Q3 sales
The New York-based investment manager recorded £2.55bn of gross sales for Q3 2014, while the net retail sales table was headed by Woodford Investment Management
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Tracker funds push Blackrock to top of Q2
According to the latest imprint of the Pridham Report, Blackrocks tracker funds helped it attract £3.4bn in gross retail sales in Q2.
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Fundsmith raises 193m for EM trust
Fundsmith has raised £193 for its Emerging Equities Trust and will list it on the London Stock Exchange from tomorrow.
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Tullett Prebon confirms departure of CEO
Tullett Prebon and Fundsmith have confirmed press speculation Smith will step down as CEO of the interdealer broker once a successor is found.
