fundsmith

Broker slaps 'buy' recommendation on emerging market trust

Passive products lead the tables

Slams IA yield requirements decision

£8.7bn withdrawn from funds

'Can't list fund on a platform unless it's daily dealing'

£43.9bn assets under management in 'dog fund'

'Like Cristiano Ronaldo playing goalkeeper'

Buys Jack Daniel's distiller

Moves from Franklin Templeton

€2.4bn from Equity fund