fundtruffle

Why wealth and investment management firms look so attractive to one of the UK’s most talented investors

Ian Orton, 07/06/2019

The ongoing fallout at Oxford-based Woodford Investment Management (WIM) following the suspension of the £3.7 billion LF Woodford Equity Income Fund on 3 June, has highlighted the close relationships between investment management firms.

Take Bristol-based Hargreaves Lansdown (HL) and WIM for example. The UK’s biggest execution-only stockbroker is a big fan of WIM and its funds have featured prominently in its Wealth 50 buy-list. Indeed the LF Woodford Equity Income Fund was a constituent.

Furthermore, HL’s range of multi-manag...


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