Archive

Terry Smith, the British investor, is targeting institutional investors by launching a fund that shuns “sin stocks”, including pornography, oil and tobacco.

John Chatfeild Roberts, who runs the £6.7 billion Merlin multi-asset funds, has revealed the investments he is making for protection in the event of a market correction.

The Telegraph report that Terry Smith has invested a further £115m in to Fundsmith, bringing his total investment in the fund to £200m.

In this article, Citywire reports that Fundsmith attracted net inflows of £1 billion in Q2. The article notes that Q2 was a tough period across the industry but that Fundsmith's performance propelled the group into the top 10 managers by gross sales for the first time in its history.

In this video by AJ Bell Investcentre, Ross Mould discusses Fundsmith, its strategy and the type of companies it invests in and why.

This week Ben Gutteridge interviews internationally acclaimed money manager Terry Smith, Chief Executive & CIO of Fundsmith. First on the agenda is Fundsmith’s Investment Philosophy which governs the decision making process but also shows clear differentiation from the competition.

The Evening Standard - Terry Smith's book is a must-read for everyone in the market

The Evening Standard - Terry Smith achieves goal of producing the number one risk-adjusted fund

When Terry Smith launched his boutique back in 2010 not everyone was convinced he could make it in the funds world.

Fundsmith today announces that personal finance and investment publication, Money Observer, has awarded the Fundsmith Equity Fund (“Fundsmith Equity” or the “Fund”) a Rated Fund status. Money Observer has also included Fundsmith Equity in three of their model growth portfolios, recognising the Fund’s “impressive performance”.

If you are wondering how to put together a portfolio of equity investments, you could do worse than visit the website for Fundsmith and download lots of relevant documents. These will give you an insight in a particular type of equity investing that I will caricature as ‘Buffett Mk 2.0’.

The outspoken chief executive has delivered table-topping returns with only a little tinkering on his £1.5bn Fundsmith fund.

Evening Standard - Old-fashioned way pays off for Smith

What has become clear following RDR is that a large number of different parties receive payments from investment funds. The traditional charging structure on funds was ‘bundled’ so a single annual management charge (AMC) was deducted by the fund company to pay the cost of managing the investments, platform services and the annual commission payment to a financial adviser.

Terry Smith thinks the market puts too great a value on bonds compared to the highest-quality shares. Imagine a close relative of yours is gravely ill, and you have the chance to buy a drug that would increase their chances of survival by 10 per cent. What would you pay for the drug?

Fundsmith Equity Fund is to be applauded for delivering a negative portfolio turnover figure of -0.19 per cent.

Ever wondered how the ultra-rich invest their money? One way has been for the wealthy to create special companies or portfolios in which they own a substantial stake - but until now most small investors have not been aware that they, too, could profit from these funds.

The retail distribution review (RDR) and the transparency it will bring has caused the underlying costs of funds to come the fore and led to the launch of a string of investment houses predicated on offering lower-cost models.

No one could ever accuse Terry Smith of being a yes-man. The boss of asset management firm Fundsmith is a natural upstart who has forged a career in the City by being a maverick.

David Dimbleby chairs Question Time from Luton. On the panel: Transport Secretary Justine Greening MP, Shadow Olympics Minister Tessa Jowell MP, former leader of the Liberal Democrats Paddy Ashdown, comic actor & broadcaster Tony Robinson and the businessman Terry Smith.