Fundsmith is a fund management company established in 2010 by Terry Smith. The business is owned and controlled by its partners and is headquartered in London with an office in Connecticut, USA.
As a low-cost active fund, ancillary activities are outsourced in order to deliver high quality operations whilst allowing the Fundsmith team to focus on the investment analysis, portfolio management and customer care.
The fund turnover rose from £7.2m to £15.2m while pre-tax profits increased from £2.9m to £10.6m in the year to 31 March 2014. At at January 2015, Fundsmith had £3bn of assets under management.