thewealthnet

Peter Hargreaves doubles his money by backing investment boutique

Ian Orton, 07/07/2021

Peter Hargeaves, the co-founder of Hargreaves Lansdown, one of the biggest firms active in the UK wealth management market, has doubled his money in one of his subsequent investments.

The share price of LF Blue Whale Fund, which Mr Hargreaves helped seed with an initial investment, has doubled since its in September 2017.

Mr Hargreaves is also one of the members of Blue Whale Capital LLP along with Stephen Yiu, a Hargreaves Lansdown alumnus who manages the fund.

Despite the success of the Blue Whale Fund, which generated a return of 10.7 percent for the first half of 2021, it is still relatively small with jus...


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