‘Better late than never’: Terry Smith defends Amazon buy in annual shareholder letter
Fundsmith CEO also slams Unilever’s obsession with touting sustainability credentials
Terry Smith
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Fundsmith changes its tune with new position in Amazon
Terry Smith has previously been critical of the tech giant’s ecommerce business
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Terry Smith ditches longstanding holding Becton Dickinson
$70bn US syringe maker was among Fundsmith Equity’s top 10 holdings after launching in November 2010
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Fundsmith adds Amazon to Terry Smith’s private wealth fund
Star manager has previously been vocal about why he dislikes the structure of Amazon
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Terry Smith dumps Sage after flagging underperformance in December
FTSE 100 software business’s share price has remained ‘in the doldrums’
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Fundsmith justifies static fees in second assessment of value report
Economies of scale have diminished since 2017, with the OCF remaining static since then
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Terry Smith, Richard Watts and Anthony Srom join FE Fundinfo’s hall of fame
A trio of the best-performing active fund managers have reached the seven-year ‘alpha-rated’ streak
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Terry Smith enjoys £30m payday after Fundsmith sees profits nearly double
Fundsmith CEO pocketed £16m in 2019
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Terry Smith floats Fundsmith head of research as potential successor
Fundsmith CEO has outlined plans to redistribute his majority stake to staff when he eventually departs
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Terry Smith initiates holding in Church & Dwight and boots Intertek
US consumer products giant is the latest holding added to £22.6bn Fundsmith Equity after LVMH in December
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Terry Smith says Woodford needs to publicly apologise and own up to mistakes to earn redemption
Fundsmith Equity manager is a believer in human redemption but only after a period of ‘painful self-examination’
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Blue Whale Growth draws comparisons to Fundsmith Equity as it bags top rating in FE rebalance
Liontrust and Baillie Gifford dominate highest-rated funds in January rebalance, while ESG funds shine