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H1 2025 letter
Builds up position in EssilorLuxottica
Fourth largest AUM decline for the year
Held for over a decade
Understood to have now exited
Stake in McCormick also sold
Pay reduced to £27.9m
Diageo, LSEG and Experian prosper
After August fall from list
Following omission from ii's top ten
08 July 2025
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2 min read
