PepsiCo

Fundsmith’s Terry Smith sold Amazon over ‘capital misallocation’ concerns

Will become ‘more active’ in selling companies investing outside a core franchise

July 11, 2023

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Portfolio Adviser is a monthly news magazine and daily news web site aimed at wealth managers , investment IFAs and other professional fund pickers and asset allocators in the UK and Channel Islands. No news, articles or content may be reproduced in part or in full without express permission of Portfolio Adviser.

PepsiCo

Fundsmith’s Terry Smith sold Amazon over ‘capital misallocation’ concerns

Ready to rethink your portfolio? Putting cash to work with bond ETFs