Hargreaves to transfer £400m from Barnett to Woodford in multi-manager funds
Hargreaves Lansdown is to transfer more than £400m of multi-manager assets from Mark Barnett's Invesco Perpetual income funds to Neil Woodford's new UK equity income offering.
The D2C platform giant's multi-manager range had £430m invested in both the Invesco Perpetual Income and High Income portfolios as of 31 March, with the majority in the HL Income & Growth Trust, run by...
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