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Oh, Terry

aroominyork · 2023-07-14 17:30:06

I watched the 2023 Fundsmith AGM today. Terry and Julian Robbins were on fine form. But the question of FEET came up and TS blamed its demise on the unpredictability of exchange rates, giving the Indian Rupee as an example. That was poor and suggests we should all exclude EMs from our portfolios. It's the first time one of…

Comments

poppy10_2 Posts: 6,588 Forumite

17 July 2023 at 10:53AM

mattywallace121 said:

Why is it poor? He has highlighted one of the major risks to investing in EM?

Oher indian based investment trusts performed far better even with the same exposure to INR

poppy10
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