Peter Hargreaves, the co-founder of FTSE 100 constituent Hargreaves Lansdown, could be on the verge of striking gold for a second time, as a result of his investment in Blue Whale Capital, a London-based investment management firm.
Although the firm is still very small with only around £225 million of client assets under management at 31 December 2019, the LF Blue Whale Fund, its sole investment vehicle, produced a return of 27.6 percent during 2019 to consolidate its position as one of the top performing UK authorised funds that invests in global equities.
Launched on 11 September 2017 and seeded by an initial £25.0 ...