Fundsmith Equity fund has sold out of its stakes in Diageo, McCormick and Apple, amid disappointment with the companies’ ...

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 ...

BRITAIN’S biggest retailers have demanded the Chancellor reduce inflation risks by easing cost pressures and outlining a plan for growth. Tesco and Marks & Spencer both yesterday confirmed ...

In a letter to investors, Smith (pictured) said he had sold his Fundsmith Equity fund's shares in Diageo after holding the ...

The £50bn listing could be sorted by Easter, sources say, as Chancellor Rachel Reeves heads to China for talks on economic ...

A star fund manager has dumped his stake in the owner of Guinness and Johnnie Walker amid fears that the rise of weight-loss ...

Britain's Terry Smith made public for the first time why Fundsmith Equity Fund dumped its Diageo stake last year.

British fund manager Terry Smith has sold his stake in Diageo Plc, citing concerns about the management of the drinks company and its vulnerability to soaring demand for weight-loss drugs.

A star fund manager has dumped his stake in the owner of Guinness and Johnnie Walker amid fears that the rise of weight-loss ...

Britain's Terry Smith made public for the first time on Thursday why his fund dumped its Diageo stake last year, citing ...

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 ...