Star fund manager Terry Smith has taken a £5m pay cut after his eponymous investment firm Fundsmith suffered a slump in ...

Terry Smith, founder of Fundsmith, has earned the nickname, the “English Warren Buffett” for his disciplined, long-term ...

Fundsmith founder Terry Smith has confirmed action from activist group Saba prompted proposed changes to the Smithson Trust.

The £1.6bn Smithson investment trust is to exit the stock market and become an open-ended fund which could lead to clients ...

Activist investor Saba Capital has led pressure on fund manager Terry Smith to convert his Smithson Investment Trust into an open-ended fund - will Smith roll over?

A UK investment trust run by Terry Smith’s Fundsmith LLPis planning to turn itself into an open-ended vehicle, the latest win for activist investor Boaz Weinstein.

Saba Capital Management was “right” to push for a rollover of the Smithson (SSON) investment trust, Terry Smith, CEO of ...