Fundsmith, the new asset management company founded by Terry Smith, announces the appointment of Catherine Evans as Institutional Sales Director.
Fundsmith is a new asset management company established by Terry Smith because he believes that most existing equity funds have not delivered what they promised. Fundsmith will be the main vehicle for his own investments. Instead of the multitude of expensive poor performing funds which investors currently have to choose from, the Fundsmith Equity Fund will offer investors the opportunity to invest alongside him in a high quality, concentrated portfolio of 20-30 resilient global growth companies which are held for the long term. The portfolio has no benchmark or sector constraints.