John Duffield's New Star investment trust has revealed a holding in the Fundsmith Equity fund, managed by City financier Terry Smith.
Group's founder Terry Smith explains his focus on simplicity, the problem with commodities, and the wider impact of RDR
Fundsmith founder Terry Smith says China is the story for 2011 and warns the economy could be poised to 'fall over'.
New asset management company Fundsmith has released its inaugural shareholder letter revealing the Fundsmith Equity Fund has gained 6.14% net of fees since November.
Invesco Perpetual star Neil Woodford is among a group of high profile investors to hit out at today's short-term performance culture, saying this "obsession" is damaging long-term returns.
Fundsmith founder Terry Smith is set to lose one of the 22 stocks in his Equity fund to an acquisition, less than a month after the vehicle's launch.
Fundsmith founder Terry Smith, who was once rated the City's top bank analyst, says there is "not a chance" he would invest in the highly problematic banking sector.
Terry Smith's new Fundsmith asset manager has appointed former SLI investment director Conrad Rey as its sales director to intermediaries.