Terry Smith hands over day-to-day running of FEET trust to manager duo
Michael O’Brien and Sandip Patodia taking over
The board of the Fundsmith Emerging Equities Trust (FEET) has announced that Terry Smith will be handing over the day-to-day management of the trust to Michael O'Brien and Sandip Patodia.
The duo, who joined Fundsmith ahead of the launch of the trust in 2014 and have been at the core of the management team of the vehicle, will take over the trust as portfolio manager and assistant portfolio...
More on Companies
Brooks Macdonald completes Lloyds' offshore wealth business acquisition
Deal was announced in June this year
Baillie Gifford's Charles Plowden to retire after 37 years with firm
Departs in April 2021
Architas shuffles investment team as Nevins departs
Raft of portfolio management changes
Lindsell Train funds breach UCITS concentration rules - reports
Individual holdings breach limits
More news
Partner Insight: Five new retirement journeys ahead
For a long time, the road to retirement followed a familiar path. Individuals saved up for a pension during their working life in order to retire at a set age; usually around 65. This path has shifted, however.
What can Netflix hit Bridgerton teach us about financial planning?
Contains spoilers
Supreme Court 'substantially' rules in favour of business interruption claimants
Completes legal process
70% of UK financial services professionals 'not confident' their firm conducts ethical finance
Scepticism towards companies' commitments
Asset managers warn economy will get worse before it gets better
GDP falls 2.6% in November
