Founder and chief executive of Fundsmith, Terry Smith is suing Barclays for failing to transfer up to £330,000 of his money into his fund, meaning he missed out on more than doubling the value of this investment, according to reports.
Smith (pictured), who manages the £5bn Fundsmith Equity fund, is suing Barclays for £220,000 for negligence, as he claims the bank took nearly three years to transfer money from a company controlled by...
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