Hargreaves Lansdown CEO apologises to clients stuck in Woodford fund

First public comment since incident

Anna Fedorova
clock • 1 min read

Hargreaves Lansdown chief executive Chris Hill has issued an official apology to investors locked in the suspended Woodford Equity Income fund.

The platform has been a staunch supporter of Neil Woodford's fund since launch and has kept it on its Wealth 50 list of recommended funds up until the fund was frozen. However, the recent events have forced the fund supermarket to apologise to the tens of thousands of its customers affected by the suspension of the vehicle. In his first public statement since the suspension was announced on 3 June, CEO Chris Hill said: "I would like to apologise personally to all clients who have been impacted by the recent problems with the Woodford Equity Income fund. We all share their disappointme...

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