Terry Smith's Fundsmith is planning to float the Smithson investment trust next month, which will invest in global small- and mid-cap companies.
It is seeking to raise up to £250m via a placing, an offer for subscription and an intermediaries offer of ordinary shares, while a twelve month placing programme will also be launched. The trust will...
Putting the tech into protection
Square Mile’s series of informal interviews
Fallout from Haywood suspension
Launching later in 2019
£80bn funds under calculation