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Star investor Terry Smith's payday falls to seven-year low of £31m as fund assets fall

Star investor Terry Smith's payday falls to seven-year low of £31m as fund assets fall
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Star investor Terry Smith's payday falls to seven-year low of £31m

Billionaire Terry Smith has taken home his smallest pay package in seven years after his Fundsmith investment management firm saw a dip in profit and clients pulled out money.

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Fundsmith grows profits to £57m in 2021

Fundsmith has reported profits for the year ended 31 March 2021 rose to £57.7m, up from £48.5m the previous year.

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Fundsmith grows profits to £57m in 2021

Fundsmith has reported profits for the year ended 31 March 2021 rose to £57.7m, up from £48.5m the previous year.

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U.K. Stockpicker Smith Made More Than £35 Million In Bumper Year

British fund management veteran Terry Smith netted himself 35.6 million pounds ($47.9 million) after growing profit at Fundsmith LLP through a turbulent year.

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U.K. Stockpicker Smith Made More Than £35 Million In Bumper Year

British fund management veteran Terry Smith netted himself 35.6 million pounds ($47.9 million) after growing profit at Fundsmith LLP through a turbulent year.

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Terry Smith pockets £30m as Fundsmith sends £156m to Mauritius

Terry Smith pockets £30m as Fundsmith sends £156m to Mauritius
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Star stock picker Terry Smith stood to earn up to £125m last year


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Terry Smith's knockout payday caps journey from East End underdog to City champ


Terry Smith's knockout payday caps journey from East End underdog to City champ
In just over a decade since the Square Mile boss launched his 'Ryanair of asset management' flagship fund it has become Britain’s largest
14 April 2021 • 6:00am
Terry Smith, one of Britain's best-known fund managers, has bagged a bumper payday of up to £125m after a record profit at his investment firm.
The entrepreneur's business Fundsmith generated profits of £48.5m in the year to March 2020, up from £26.4m the year before - entitling the fund manager to £29.7m, a 61pc share.
Ballooning payments from the British business to its Mauritius outpost mean that Smith, a resident of the Indian Ocean island, could have received a far higher figure even than this. Mauritius-based Fundsmith Investment Services Limited charged the business £158m during the year, up from £116m over the previous 12 months.

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