Terry Smith
Terry Smith defends performance as he misses out on Magnificent Seven
Smith urges investors to take 'longer-term perspective' after his £23.7bn fund fails to beat the MSCI World index
Terry Smith pockets £31m, despite profit fall at Fundsmith
The star fund manager's investment firm recorded a £50m profit in the 12 months to the end of March 2023, down from a record £58.2m
2 min read
Jupiter slashes stake in Terry Smith’s flagship Fundsmith by 75% in value shift
Smith’s concentration in big tech names, including Facebook owner Meta Platforms, Microsoft and PayPal, and underexposure to energy names hindered performance last year
3 min read
Terry Smith pockets another £36m in five-year pay bonanza streak
Smith has pocketed a string of multimillion-pound payouts from the firm he founded in 2010
2 min read
Terry Smith: My underperformance was ‘inevitable’
Smith blasted some tech companies for self-inflicted errors as central banks make life tough for the star stock picker
3 min read
