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On The Money — Terry Smith’s overhaul: what’s behind it and what’s changed?
Not scored yet22m·2026-07-30·Money

Terry Smith’s overhaul: what’s behind it and what’s changed?

On The Money · 189

Terry Smith, arguably the most famous fund manager running money in Britain today, has abandoned his buy and hold “do nothing” strategy and carried out a major overhaul of the Fundsmith Equity portfolio. Joining Kyle to discuss this significant change and explain the reasons for it is Dave Baxter, senior fund content…

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