Hargreaves sees inflows jump 23% in H2 2015; plans new MM fund

In its results for six months to the end of December, Hargreaves announced further plans to expand its multi-manager range, which has seen a lot of interest from investors. It intends to launch a High Income fund on the back of the success of its three multi-manager launches in 2015. This follows the announcement last week of a new HL Strategic Assets fund, to be launched in March 2016. During the reporting period, Hargreaves saw net new flows into its HL Multi-Manager funds rise 35% to £369m on the same period last year, boosted by the launch of new funds. The multi-manager range now...