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    Terry Smith

    Chief executive of Fundsmith LLP

    Add to myFT Digest

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    • Tuesday, 14 November, 2023
      Fund management
      Terry Smith’s pay drops to £31mn as flagship fund underperforms

      Annual profits at the UK stockpicker’s Fundsmith drop to £50mn

      Terry Smith
    • Monday, 20 March, 2023
      Advice & Comment
      Why I never invest in bank shares

      Silicon Valley Bank and Credit Suisse collapses prove my point

      Credit Suisse bank
    • Wednesday, 11 January, 2023
      Helen Thomas
      What Terry Smith gets wrong (and right) this time on Unilever

      Veteran stockpicker says long-term shareholders have not been listened to

      Terry Smith
    • Tuesday, 10 January, 2023
      Fund management
      Fund manager Terry Smith blames central banks for poor performance

      One of the UK’s best known stockpickers says end of ‘easy money’ hurt flagship fund

      Terry Smith
    • Monday, 9 January, 2023
      Terry Smith paid £36mn as Fundsmith profits hit record

      Flagship fund performed well in the year to March but returns have fallen in recent months

      Fundsmith founder Terry Smith
    • Thursday, 6 October, 2022
      Advice & Comment
      Who is to blame for the latest pensions debacle?

      Pension funds should invest in assets with the likely greatest return over the long term

    • Wednesday, 14 September, 2022
      LexEmerging market investing
      Terry Smith/EM: macro attack beats veteran stock picker Premium content

      Prospect of even stronger dollar means investors are being let out not a moment too soon

      A man outside a currency exchange in front of an image of the US dollar
    • Wednesday, 14 September, 2022
      Fundsmith Emerging Equities Trust PLC
      Terry Smith to close emerging markets investment trust

      One of UK’s best-known fund managers says performance ‘fallen below our expectations’

      Terry Smith
    • Sunday, 27 February, 2022
      Fund management
      Terry Smith suffers big losses in 2022 tech sell-off

      But star manager’s vast retail following appears to be sticking by him so far

      Terry Smith
    • Thursday, 20 January, 2022
      Unilever PLC
      Terry Smith launches new attack on Unilever management

      Top shareholder urges executives to improve business rather than chase big acquisitions

      Unilever’s headquarters in London
    • Friday, 14 January, 2022
      The Top LineTom Braithwaite
      Terry Smith vs Unilever: which is guilty of mayo madness?

      Criticism of ‘sustainability’ is refreshing but there are good business reasons to redefine Hellmann’s

      A montage of Terry Smith and Hellman’s mayonnaise
    • Wednesday, 12 January, 2022
      Unilever PLC
      Unilever has ‘lost the plot’ by fixating on sustainability, says Terry Smith

      Public display of climate and social credentials comes at cost to the business, claims fund manager

      Terry Smith
    • Wednesday, 28 April, 2021
      Moira O'Neill
      Pubs, pints and a toast to investment ideas

      A post-lockdown trip to the local offers the chance to sample tempting financial opportunities

    • Tuesday, 13 April, 2021
      Terry Smith pockets £30m in 2020

      Payout comes on the back of soaring profits at veteran stockpicker’s investment company

      Terry Smith
    • Thursday, 2 July, 2020
      Investing in funds
      There are only two types of investors

      There is a lot to lose and little to gain from market timing

    • Thursday, 30 April, 2020
      Advice & Comment
      Investors: never let a crisis go to waste

      Covid-19 underlines the folly of investing in equities for income

    • Sunday, 19 April, 2020
      FTfm
      Can anything stop Terry Smith?

      Ten years after launching UK’s largest fund, pugilistic stockpicker is bullish about latest crisis

    • Sunday, 8 March, 2020
      Terry Smith blasts platforms for fuelling illusion of fund liquidity

      Fund manager accuses Hargreaves Lansdown and others of putting investors at risk

    • Tuesday, 7 January, 2020
      Fundsmith LLP
      Terry Smith collects £16m after Fundsmith profits soar 25%

      Investor’s fortune stands in stark contrast to that of fallen stockpicker Neil Woodford

      Terry Smith's flagship UK equity fund has benefited from the implosion of Neil Woodford's investment empire
    • Friday, 18 October, 2019
      Fund management
      BDO resigns as auditor to £19bn UK money manager Fundsmith

      Investment company run by Terry Smith appoints Deloitte as replacement

      PP642R A logo sign outside of a facility occupied by BDO (Binder Dijker Otte) in Vienna, Austria, on September 5, 2018.
    • Wednesday, 22 May, 2019
      Fund management
      Terry Smith steps back from managing emerging markets trust

      Veteran investor hands over control after period of lacklustre performance

      Terry Smith, the former chairman of Collins Stewart is pictured during an interview at the Financial TImes building in London.
    • Friday, 16 November, 2018
      Investment trusts
      Investment trusts see beauty in small companies

      Small-caps can see exciting returns — but be prepared for a bumpy ride

    • Wednesday, 7 November, 2018
      Advice & Comment
      Busting the myths of investment: Do equities outperform bonds?

      Most stocks are doomed to disappoint — you need to find the few that don’t

      Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., on Monday, Sept. 10, 2018. Stocks held early gains even as shares of Apple and Asia-based suppliers slumped after President Donald Trump insisted his trade war with China will spur more manufacturing jobs in the U.S. Photographer: Michael Nagle/Bloomberg
    • Wednesday, 17 October, 2018
      Investment trusts
      Veteran investor Terry Smith raises largest new UK investment trust
    • Wednesday, 3 October, 2018
      Investing in funds
      Busting the myths of investment: who needs income?

      Tax and a higher market price mean reinvested dividends are no bargain

      Berkshire Hathaway Chairman and CEO Warren Buffett waves to shareholders as he arrives to play table tennis outside the company-owned Borsheims jewelry store in Omaha, Neb., Sunday, May 7, 2017. The annual Berkshire Hathaway shareholders meeting is winding to an end. (AP Photo/Nati Harnik)
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