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...Terry Smith’s Fundsmith Equity Fund and Nick Train’s WS Lindsell Train UK Equity Fund were hit by redemptions every month in 2023, with annual net outflows totalling £1.4bn and £800mn, respectively, data...
...“If you look at any index, any platform, you’d expect that [private investor share] to be higher,” Lloyd’s chief executive John Neal told the Financial Times....
...Bank of Ireland is racing to avoid a loss on a loan against No 1 Poultry, the postmodern pink block that houses City restaurant Coq d’Argent, in a sign of the extent of the challenges for the London office...
...This article has been amended to clarify the period for which Terry Smith was paid £31mn, and the period of underperformance by Fundsmith Equity Fund....
...Two funds managed by renowned fund managers Terry Smith and Nick Train made the Spot the Dog list for the first time in the category of worst performing funds by size....
...“When I woke up in hospital I said, ‘Where’s my jeans, I’d better get going, it’s Olympia [now LIHS] next week.’...
...Christine d’Ornano, global vice-president of Sisley Paris and co-creator of the new skincare brand Neuraé, thinks so....
...If you checked the internet, though, you’d know it offered an onward route, passable on foot at only the very lowest tides....
...Smith launched a scathing attack on Unilever over its purpose-driven mayonnaise....
...I think it was effective and I’d do it again.”...
...On Saturday, May 4 in Washington, D.C., join Jake Sullivan, Gucci Westman, Jancis Robinson, Anne Applebaum and many more for our third annual FT Weekend Festival: US edition....
...“Before, I’d be starting seeds March to June but my gardens were super-weedy....
...The composers — Cassandra Miller, Laurence Crane and Linda Catlin Smith — make a complementary trio....
...Today’s big read Harvey Schwartz, a former Goldman Sachs banker who took the helm of the private equity firm a year ago, after a fumbled succession from co-founders David Rubenstein and Daniel D’Aniello...
...Watson-Smith agrees that Cannes’ lesser-known village-like charm is what attracts buyers who are relocating to the town....
...The state-run oil producer said the energy ministry had ordered the move which would have increased its daily output from 12mn barrels a day to 13mn b/d by 2027....
...Chanel tweed jacket, €3,024, vestiairecollective.com Lara Bohinc wool and brass Celeste chair, €3,390, 1stdibs.com Akris cotton-mix top, €440 Airei wool-mix trousers, £1,045, selfridges.com Pols Potten terry-loop...
...Terry Smith and Nick Train suffer outflows The continued march of cheap passive equity offerings and the more recent move towards high-yielding cash products has two prominent casualties: Terry Smith and...
...“It’s got to a point now where law enforcement are openly saying they wish people would use crypto to commit crimes but you’d have to be mad to do that,” he added....
...Adam D’Angelo, chief executive of question-and-answer platform Quora, will remain a board member....
...Robert Smith is an FT capital markets correspondent Follow @FTMag to find out about our latest stories first...
...A history of Gaza: Using maps and charts, Michael Peel and Alan Smith explain the history of the embattled enclave....
...On Tuesday the Foreign Office summoned the Chinese chargé d’affaires to deliver a message of “unequivocal condemnation” in response to the alleged hacking activity....
...If those gorillas didn’t want to interact with Freya they’d tell me with their body language before she goes in.”...
...The UK cast is led by Matt Smith (known to many for Doctor Who). “On stage [Smith] has this layer of wildness,” says Ostermeier, appreciatively. “And that’s what I want for the character....
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