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Terry Smith

Chief executive of Fundsmith LLP

  • Wednesday, 14 May, 2025
    Insight & Comment
    There won't be another Buffett because no one will have his advantages

    The world is moving in the opposite direction to Berkshire Hathaway

    Montage of Warren Buffett, cash and arrows going up and down
  • Thursday, 9 January, 2025
    Diageo PLC
    Smith dumps Diageo stake over impact of weight-loss drugs on alcohol demand

    Veteran stockpicker sells shares in spirits brand because drinks sector is being ‘impacted negatively’

    Terry Smith
  • Monday, 11 November, 2024
    Fund manager Terry Smith’s pay falls to £28mn

    Stockpicker’s investment firm Fundsmith weighed down by his decision to shun chipmaker Nvidia

    Terry Smith
  • Monday, 8 July, 2024
    Terry Smith defends move to shun US technology stock Nvidia

    Investor’s fund pays price for scepticism that chipmaker can continue growing at rapid pace

    Terry Smith
  • Wednesday, 10 January, 2024
    Investing in funds
    Terry Smith and Nick Train suffer £2.2bn in outflows

    Fundsmith Equity Fund and WS Lindsell Train UK Equity Fund hit by redemptions every month last year

    Terry Smith and Nick Train
  • Tuesday, 14 November, 2023
    Fund management
    Terry Smith’s pay drops to £31mn as flagship fund underperforms

    Annual profits at the UK stockpicker’s Fundsmith drop to £50mn

    Terry Smith
  • Monday, 20 March, 2023
    Insight & Comment
    Why I never invest in bank shares

    Silicon Valley Bank and Credit Suisse collapses prove my point

    Credit Suisse bank
  • Wednesday, 11 January, 2023
    Helen Thomas
    What Terry Smith gets wrong (and right) this time on Unilever

    Veteran stockpicker says long-term shareholders have not been listened to

    Terry Smith
  • Tuesday, 10 January, 2023
    Fund management
    Fund manager Terry Smith blames central banks for poor performance

    One of the UK’s best known stockpickers says end of ‘easy money’ hurt flagship fund

    Terry Smith
  • Monday, 9 January, 2023
    Terry Smith paid £36mn as Fundsmith profits hit record

    Flagship fund performed well in the year to March but returns have fallen in recent months

    Fundsmith founder Terry Smith
  • Thursday, 6 October, 2022
    Insight & Comment
    Who is to blame for the latest pensions debacle?

    Pension funds should invest in assets with the likely greatest return over the long term

  • Wednesday, 14 September, 2022
    LexEmerging market investing
    Terry Smith/EM: macro attack beats veteran stock picker Premium content

    Prospect of even stronger dollar means investors are being let out not a moment too soon

    A man outside a currency exchange in front of an image of the US dollar
  • Wednesday, 14 September, 2022
    Fundsmith Emerging Equities Trust PLC
    Terry Smith to close emerging markets investment trust

    One of UK’s best-known fund managers says performance ‘fallen below our expectations’

    Terry Smith
  • Sunday, 27 February, 2022
    Fund management
    Terry Smith suffers big losses in 2022 tech sell-off

    But star manager’s vast retail following appears to be sticking by him so far

    Terry Smith
  • Thursday, 20 January, 2022
    Unilever PLC
    Terry Smith launches new attack on Unilever management

    Top shareholder urges executives to improve business rather than chase big acquisitions

    Unilever’s headquarters in London
  • Friday, 14 January, 2022
    The Top LineTom Braithwaite
    Terry Smith vs Unilever: which is guilty of mayo madness?

    Criticism of ‘sustainability’ is refreshing but there are good business reasons to redefine Hellmann’s

    A montage of Terry Smith and Hellman’s mayonnaise
  • Wednesday, 12 January, 2022
    Unilever PLC
    Unilever has ‘lost the plot’ by fixating on sustainability, says Terry Smith

    Public display of climate and social credentials comes at cost to the business, claims fund manager

    Terry Smith
  • Wednesday, 28 April, 2021
    Moira O'Neill
    Pubs, pints and a toast to investment ideas

    A post-lockdown trip to the local offers the chance to sample tempting financial opportunities

  • Tuesday, 13 April, 2021
    Terry Smith pockets £30m in 2020

    Payout comes on the back of soaring profits at veteran stockpicker’s investment company

    Terry Smith
  • Thursday, 2 July, 2020
    Investing in funds
    There are only two types of investors

    There is a lot to lose and little to gain from market timing

  • Thursday, 30 April, 2020
    Insight & Comment
    Investors: never let a crisis go to waste

    Covid-19 underlines the folly of investing in equities for income

  • Sunday, 19 April, 2020
    FTfm
    Can anything stop Terry Smith?

    Ten years after launching UK’s largest fund, pugilistic stockpicker is bullish about latest crisis

  • Sunday, 8 March, 2020
    Terry Smith blasts platforms for fuelling illusion of fund liquidity

    Fund manager accuses Hargreaves Lansdown and others of putting investors at risk

  • Tuesday, 7 January, 2020
    Fundsmith LLP
    Terry Smith collects £16m after Fundsmith profits soar 25%

    Investor’s fortune stands in stark contrast to that of fallen stockpicker Neil Woodford

    Terry Smith's flagship UK equity fund has benefited from the implosion of Neil Woodford's investment empire
  • Friday, 18 October, 2019
    Fund management
    BDO resigns as auditor to £19bn UK money manager Fundsmith

    Investment company run by Terry Smith appoints Deloitte as replacement

    PP642R A logo sign outside of a facility occupied by BDO (Binder Dijker Otte) in Vienna, Austria, on September 5, 2018.
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