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Asset manager run by Terry Smith has been asked to carry out an assessment of its business under Section 166 of the Financial Services and Markets Act

Asset Management Correspondent

Fundsmith, the asset management firm run by veteran star stock picker Terry Smith, has been asked by the UK regulator to conduct a review of its operations.

The Financial Conduct Authority has asked Fundsmith to carry out an assessment of its business under Section 166 of the Financial Services and Markets Act.

FCA orders Terry Smith’s Fundsmith to conduct a review of operations

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