Terry Smith snags second tech titan as he initiates holding in Google parent
Follows hot on the heels of Fundsmith CEO’s change of heart on Amazon
Follows hot on the heels of Fundsmith CEO’s change of heart on Amazon
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Fundsmith founder describes failed £50bn bid for GSK Consumer as a ‘near death experience’
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Fundsmith CEO also slams Unilever’s obsession with touting sustainability credentials
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Terry Smith has previously been critical of the tech giant’s ecommerce business
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$70bn US syringe maker was among Fundsmith Equity’s top 10 holdings after launching in November 2010
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Star manager has previously been vocal about why he dislikes the structure of Amazon
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FTSE 100 software business’s share price has remained ‘in the doldrums’
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Economies of scale have diminished since 2017, with the OCF remaining static since then
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A trio of the best-performing active fund managers have reached the seven-year ‘alpha-rated’ streak
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Fundsmith CEO pocketed £16m in 2019
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Fundsmith CEO has outlined plans to redistribute his majority stake to staff when he eventually departs
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US consumer products giant is the latest holding added to £22.6bn Fundsmith Equity after LVMH in December
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