Hargreaves Lansdown new business inflows down 16% despite profits rise

UK Income fund launch planned

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Hargreaves Lansdown new business inflows down 16% despite profits rise

Hargreaves Lansdown has reported a 16% fall in net new business inflows despite continued growth in clients, assets and profits for the six months to 31 December, while it is also gearing up for further fund launches.

In the firm's interim results, which cover the six months immediately after the Brexit vote in June and include other political events such as the US election, Hargreaves Lansdown reported net new business...

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