Terry Smith's Smithson trust beats Woodford record with £822m fundraise

Smashed initial target

clock • 2 min read

Smithson investment trust, the new global small- and mid-cap trust run by Terry Smith's Fundsmith, has smashed initial fundraising targets and looks set for the largest ever UK-listed trust launch after Neil Woodford's Patient Capital trust in 2015.

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Investment Trusts

EWI sets date for second Saba general meeting as it pleads shareholders to vote

EWI sets date for second Saba general meeting as it pleads shareholders to vote

General meeting 20 January 2026

Linus Uhlig
clock 23 December 2025 • 3 min read
Equity  funds dominate in positive annual performance for Majedie Investments

Equity funds dominate in positive annual performance for Majedie Investments

Also cut ongoing charges for third year

Michael Nelson
clock 22 December 2025 • 2 min read
Chrysalis Investments to propose three-year wind down

Chrysalis Investments to propose three-year wind down

Trading at a 35.3% discount

Patrick Brusnahan
clock 19 December 2025 • 2 min read
Trustpilot