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The Forest Gate district of east London has changed over the past decade, the bars selling craft beers and exotic cocktails grapple with artisanal coffee shops for dominance. Terry Smith, manager of the biggest retail fund in the UK, grew up in the Forest Gate of the 1960s, a very different place to today.

Beware of emails purporting to be from Fundsmith which have fake reply addresses using the domains; FUNDSMITH-CO.UK and ONLINE-FUNDSMITH.CO.UK

The Fundsmith Equity manager says that as a long-term investor, he is in effect sub-contracting to the CEOs of the companies he invests in.

6 September 2021: Fundsmith LLP, the fund manager founded by Terry Smith in 2010, has been confirmed by the Financial Reporting Council (FRC) as a signatory to the UK Stewardship Code.