Terry Smith Sells Diageo Stock on Weight-Loss Drugs Fears
British fund manager Terry Smith has sold his stake in Diageo Plc, citing concerns about the management of the drinks company ...
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Terry Smith defends Fundsmith Equity record after fourth year of underperformance
The £22.5bn fund rose by 8.9% in 2024, trailing both the MSCI World Index, up 20.8%, and the IA Global sector average of 12.6 ...
Fund star Terry Smith dumps stake in drinks giant Diageo as weight-loss jabs boom
In a letter to investors, Smith (pictured) said he had sold his Fundsmith Equity fund's shares in Diageo after holding the ...
UK's Fundsmith says it shed Diageo over management issues, weight loss drugs
Britain's Terry Smith made public for the first time on Thursday why his fund dumped its Diageo stake last year, citing ...
Smith dumps Diageo stake over impact of weight-loss drugs on alcohol demand
Veteran investment manager Terry Smith has dumped his underperforming £22.5bn fund’s stake in Diageo after almost 15 years owing to concerns over the drinks maker’s new management team and the threat ...
Star fund manager dumps Guinness stock as weight-loss drugs turn people off beer
A star fund manager has dumped his stake in the owner of Guinness and Johnnie Walker amid fears that the rise of weight-loss ...
UK's Fundsmith Reveals Why It Shed Diageo Stake
Britain's Terry Smith made public for the first time why Fundsmith Equity Fund dumped its Diageo stake last year.
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Fundsmith Equity fund underperforms again - is it still a winner?
Other losses came from McCormick, Diageo, Mettler-Toledo and Brown Forman ... L’Oréal and IDEXX Laboratories. Terry Smith has a loyal following and a strong reputation and with assets under ...