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%
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%
|
|
While 10-year gilts reached 2008 levels, causing concern over the state of public finances
|
|
Just a third of active funds outperform passive across a decade
|
|
The FTSE 100 has more ‘jam today’ stocks which prospered in the market rotation, says AJ Bell’s Laith Khalaf
|
|
The investment trust sector is increasingly willing to take difficult choices to deliver shareholder value
|
|
Industry commentators warn this could ‘backfire’ on British businesses
|
|
Funds that outperform hold lower average fee than underperformers, according to the platform
|
|
Some tracker fund charges are costing 20 times the cheapest possible rate
|
|
Regulator warned that firms lack arrangements to combat market-wide redemptions
|
|
Fundsmith Equity was the only active fund in the top 10 list
|
|