In a response to a Treasury Committee letter on its investment into Neil Woodford's suspended Equity Income fund, Hargreaves Lansdown has revealed Woodford Investment Management did not inform the platform the fund breached the 10% limit to unlisted holdings last year, which was exposed by the FCA yesterday.
In a letter responding to Nicky Morgan MP, chair of the Treasury Committee, HL CEO Chris Hill outlined the fund supermarket's interaction with Neil Woodford with regards to Equity Income's unqouted holdings,...
Departs in April 2021
Raft of portfolio management changes
Individual holdings breach limits
Ian Jensen-Humphreys joins as portfolio manager
As important as DB transfers
Customer numbers rise an average 3.1% across all providers
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Defer to 2021/2022