However, founder Terry Smith said a longer-term look may be useful in his 15th annual letter to shareholders. He wrote: “Since inception, the fund has returned 2.7 per cent p.a. more than the ...

Investors in Fundsmith Equity have received their annual shareholder letter this morning, in which veteran manager Terry Smith invited them to disregard his poor short-term performance ...

Terry Smith, the founder of Fundsmith, told investors that his £22.8bn fund no longer owned shares in the stout brand’s owner Diageo, in part owing to concerns over the impact of weight loss ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Veteran investment manager Terry Smith has dumped his underperforming £22.5bn fund’s stake in Diageo ...

LONDON, Jan 9 (Reuters) - Britain's Terry Smith made public for the first time on Thursday why his fund dumped its Diageo (DGE.L), opens new tab stake last year, citing problems with its new ...

Will Smith is turning his tilt back to music into a full-on topple. The "Pursuit of Happyness" actor announced a brand new album Thursday. "Based on a True Story," to be released in March ...

The rest is Smith and Sean fighting in a dojo, dodging bullets, driving around a Jeep Grand Wagoneer on the highway. It’s like the music video equivalent of a mid-life crisis.

The Seahawks announced on Tuesday that Smith-Njigba has been named to the team as a replacement for Commanders wideout Terry McLaurin. Seahawks teammate Leonard Williams was also added to the NFC ...

Artist and actress Willow Smith gave her fans a touching musical moment on Instagram, sharing a heartfelt one-minute cover of Fawn Wood's "Singing and Praying" to her story. The rendition ...

Terry Smith’s Fundsmith Equity fund is one of the most popular active funds among investors, but is its underperformance a concern? In MoneyWeek’s monthly round-up of the most popular funds ...