John Chatfeild Roberts, who runs the £6.7 billion Merlin multi-asset funds, has revealed the investments he is making for protection in the event of a market correction.
The Telegraph report that Terry Smith has invested a further £115m in to Fundsmith, bringing his total investment in the fund to £200m.
In this article, Citywire reports that Fundsmith attracted net inflows of £1 billion in Q2. The article notes that Q2 was a tough period across the industry but that Fundsmith's performance propelled the group into the top 10 managers by gross sales for the first time in its history.
In this video by AJ Bell Investcentre, Ross Mould discusses Fundsmith, its strategy and the type of companies it invests in and why.
This week Ben Gutteridge interviews internationally acclaimed money manager Terry Smith, Chief Executive & CIO of Fundsmith. First on the agenda is Fundsmith’s Investment Philosophy which governs the decision making process but also shows clear differentiation from the competition.