Hargreaves reveals Strategic Asset portfolio ahead of launch

Cautious asset mix

Anna Fedorova
clock • 2 min read

Hargreaves Lansdown has revealed the initial portfolio of its HL Multi-Manager Strategic Assets fund, launching on 9 February.

The core of the portfolio will be invested with fund managers who have long track records of "shrewdly combining assets", such as shares, bonds, cash and commodities. The firm said these ‘asset allocators' offer exposure to different views and themes, complementing each other and achieving an appropriate mix of assets and level of risk when blended together. At launch these core funds are expected to account for around 75% of the portfolio. Lee Gardhouse (pictured), fund manager, said: "The aim of this portfolio is to capture some gains when markets are rising, but also offer some ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

Why non-transparent managers are behind most failed acquisitions

Why non-transparent managers are behind most failed acquisitions

‘They don’t understand the importance of culture and cohesion’

Rami Cassis
clock 12 April 2024 • 3 min read
Partner Insight: Understanding the investment universe

Partner Insight: Understanding the investment universe

Invesco
clock 12 April 2024 • 6 min read
FCA issues warning notice to Neil Woodford over liquidity failings

FCA issues warning notice to Neil Woodford over liquidity failings

The firm failed on four accounts between 2018 and 2019

James Baxter-Derrington
clock 11 April 2024 • 2 min read