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Terry Smith: Fewer companies can be run by idiots than we thought
By Jonathan Jones | 17:00 | 08-Jan-2026
The Fundsmith Equity manager explained why Novo Nordisk has made him realise there are not many idiot-proof companies. ...
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Why liquidity may be the new old, desirable thing
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Darius McDermott outlines six targeted fund ideas spanning emerging markets, UK smaller companies and specialist assets. ...
 
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Price total return performance figures are calculated on a bid price to bid price basis (mid to mid where applicable) with gross income (dividends) reinvested. Performance figures are shown in selected currency.

Data provided by FE fundinfo. Care has been taken to ensure that the information is correct, but FE fundinfo neither warrants, represents nor guarantees the contents of information, nor does it accept any responsibility for errors, inaccuracies, omissions or any inconsistencies herein. Past performance does not predict future performance, it should not be the main or sole reason for making an investment decision. The value of investments and any income from them can fall as well as rise.

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