Archive

Terry Smith explains why instead of chasing high-risk stocks on the promise of superior portfolio performance, investors should seek to buy 'boring' quality companies and hold them for the long-term.

Fundsmith today announces that it has launched a regular withdrawal facility enabling investors to elect to receive a set level of periodic cash from the redemption of units in their holding of the Fundsmith Equity Fund which will be automatically remitted to their bank account.

S&P Capital IQ Fund Research announced today that it has assigned a Gold grading to the Fundsmith Equity Fund.

Fundsmith announces that the Fundsmith Equity Fund is now available on the UK's largest independent platform for retail investors, Cofunds Retail.

Terry Smith says George Osborne should look to Estonia and stop talking about growth and instead say: ‘It is unrealistic to target significant growth, and a change of strategy to spend more would simply demonstrate the Law of Diminishing Returns.’

Terry Smith explains what investors can learn from the Tour de France - like cycling, investing is a test of endurance and the winner will be the investor who finds a good strategy or fund and sticks with it.

Fund management company Fundsmith has teamed up with Bowel & Cancer Research to sponsor cycle jerseys for the charity’s fundraisers.

Terry Smith argues that the City's travails are part of the wider financial crisis which started in 2007. For a historical precedent, go back 80 years he says – but beware the conclusions you draw from the Great Depression.

Terry Smith comments on the UK political party conference season in 2012, stating that politicians offered only half-baked ideas and little insight into how to address the UK’s problems.

Investment Week - What is the Spanish word for zombie?

The Fundsmith Equity Fund, launched in November 2010 by Terry Smith as the main vehicle for his own investments, has set a new standard in portfolio turnover delivering a negative portfolio turnover of -0.19% for the period to 30th June 2012.

The Fundsmith Equity Fund launched in November 2010 by Terry Smith as the main vehicle for his own investments has been awarded a Bronze Rating by Morningstar OBSR.

The Fundsmith Equity Fund launched in November 2010 by Terry Smith as the main vehicle for his own investments has reached £533m of assets under management. Since launch the Fund has outperformed by 18.1% delivering a return of 28.0% versus the MSCI World’s 9.9% return* and it is currently ranked 1st out of more than 200 funds in the IMA Global sector since launch and over one year to 31st July**.

Terry Smith comments on the implications of the Libor scandal on retail banking, arguing that it demonstrates why investment and retail banks must be separated.

Terry Smith, Chief Executive of Fundsmith comments on today's FSA Platform consultation paper

Terry Smith writes to the Financial Times to point out that investors are only starting to realise what Warren Buffett has known for decades - that return on capital employed is the best measure of managerial performance.

ISA Buyers Beware - Largest UK Asset Managers Still Charge Initial Fees

“At Fundsmith we continue to invest in good companies at reasonable valuations and then do the most difficult thing: as little as possible."

Terry Smith argues that David Cameron was right not to agree to the proposed changes to the Treaty of Lisbon at the latest summit, as financial services are a far more vital part of the UK’s economy than they are of any European country.

Sir, I refer to Alice Ross's article " Market timing errors prove too costly " (FT Money, November 20). The article quoted Skandia saying that behaviour on its investment platform reflects the fact that many investors buy UK equities in response to what the FTSE has been doing - buying more when it is high and less when it is low - a recipe for poor investment performance adding further justification to the notion that most investors are their own worst enemy.