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Terry Smith sells Magnum stake weeks after Unilever salvo

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Terry Smith sells Magnum stake weeks after Unilever salvo
Star stockpicker Terry Smith has offloaded his entire holding in Unilever spin-off Magnum Ice Cream just weeks after exiting his stake in its former parent company, which he accused of abandoning the priorities of its long-term investors. Smith, the feted fund manager who runs the £12.7bn Fundsmith Equity Fund, dumped his stake in Amsterdam-listed Magnum [...]
23 Jun, 14:11
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