Hargreaves Lansdown and Moneyfarm came out on top in the latest direct to customer (D2C) platform data from Fundscape.
The platform research house noted that it was a "stuttering start" to the year for as markets navigated geopolitical tensions and mixed economic data. "The golden child of the last two years, the S&P 500, was down 4.3% for the first three months, after two years of outperformance by the magnificent seven," Fundscape noted. "Thankfully, the FTSE 100 and FTSE All Share both grew over the quarter, the FTSE 100 climbing by 5% and to offset the S&P 500 decline." As a result, industry assets grew by a modest 0.7% (£2.7bn) to £405bn, its data showed. Top five direct platforms by assets an...
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