TECH - Avoiding Nvidia Causes Fundsmith Equity To Lag Behind Benchmark In First Half | Benzinga
Nvidia Corp (NASDAQ:NVDA) has been the subject of significant debate among investment managers, as highlighted by Terry Smith’s recent comments on his decision to avoid the tech giant.
Smith’s global fund, Fundsmith Equity, lagged behind its benchmark in the first half of the year, missing out on the semiconductor manufacturer’s stock surge, the Financial Times reports.
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The $32 billion (25 billion Sterling ...