Fundsmith Equity tops most-bought list despite ‘doghouse’ performance Stocks and funds Run by fund manager Terry Smith, Fundsmith Equity reclaimed the top spot on the most-bought list, moving up one place from second.
Terry Smith in the doghouse over Fundsmith Equity underperformance Asset management The report from Bestinvest, which identifies the funds in the 'doghouse' due to persistent underperformance, saw the number of poorly performing funds rise sharply.