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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...
...Other law firms including Addleshaw Goddard, Travers Smith and Macfarlanes have also rolled out generative AI pilots internally....
...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....
...Paul Smith cotton/silk socks, £41. Ayooluwa wears Burberry gabardine coat, £2,290. Fendi cotton shirt (just seen), £1,050. Manolo Blahnik suede loafers, £725. Paul Smith cotton/silk socks, £41....
...The composers — Cassandra Miller, Laurence Crane and Linda Catlin Smith — make a complementary trio....
...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...
...Allen & Overy has created an artificial intelligence contract negotiation tool....
...These include Trump’s former lawyer and fixer Michael Cohen, who served prison time for admitting to lying under oath, and former Trump Organization executive Allen Weisselberg, who went to jail for fraud...
...Take a break from the news FT senior business writer Andrew Hill selects his must-read business books of 2023 — including Bethany Allen’s Beijing Rules, an eye-opening chronicle of the multiple ways in...
...A history of Gaza: Using maps and charts, Michael Peel and Alan Smith explain the history of the embattled enclave....
...Foxconn was founded by Terry Gou, who is running as an independent candidate in Taiwan’s presidential elections in January. He retains a 12.5 per cent stake in the company....
...The London law firm Allen & Overy is merging with New York’s Shearman & Sterling to form a practice with combined revenues of about $3.4bn....
...Fund manager Terry Smith said Unilever had “lost the plot” after Jope said one purpose of Hellmann’s mayonnaise was to reduce food waste. The CMA is right to crack down on greenwashing....
...Some law firms such as Vieira de Almeida, Allen & Overy and Cuatrecasas are racing to get ahead....
...Terry Smith is chief executive of Fundsmith LLP....
...He is also charged in four separate criminal cases, including two from US Department of Justice special counsel Jack Smith, one from the district attorney in Fulton County, Georgia, and another from the...
...When it comes to raising funds, orchids are in a class of their own, says Allen....
...Individuals Innovative Practitioner Rachel Kent, Hogan Lovells Intrapreneur Nicky Leijtens, NautaDutilh Special achievement Wim Dejonghe, Allen & Overy Law firms Most innovative law firm in Europe...
...Equity partners at Allen & Overy and Linklaters saw their share of profits fall in the most recent financial year while Clifford Chance’s profit per equity partner was flat....
...“This reinforces our view that the ECB has finished raising interest rates,” said Jack Allen-Reynolds, an economist at research group Capital Economics....
...UK investment manager Terry Smith has blamed his £22.5bn fund’s underperformance last year on the end of “easy money”....
...At Shearman & Sterling, however, it was a need for greater scale that drove the established New York firm to seek a merger with UK firm Allen & Overy....
...Unilever has been criticised in the past for placing too much focus on brand “purpose” and sustainability, with one top-10 shareholder, Terry Smith, arguing the group had “lost the plot” for defining the...
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