Hargreaves Lansdown (HL) has sold out of Burford Capital in the HL Select funds following the short selling attack by Muddy Waters.
Fund manager Steve Clayton admitted the HL team "don't know whether or not [Muddy Waters] are right about Burford", but warned that the dispute could "run and run". He added that "questions remain...
'UK investment case remains strong'
'No viable alternative'
Assist customers to get better deal
3 March 2020
CIO Stephen Jones will take up UK duties on an interim basis