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How failing Woodford Investment Management outperformed all-conquering Fundsmith

Ian Orton, 08/01/2020

By coincidence, Fundsmith LLP deposited its annual report and accounts at Companies House the same day as Woodford Investment Management (WIM), the firm established by Neil Woodford.

Both make fascinating reading, not least because of the relative positions and standings of the two institutions.

Fundsmith LLP, the London-listed investment management partnership launched by Terry Smith, a former chief executive of Collins Stewart and Tullett Prebon, is on a roll.


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