Hargreaves Lansdown profits and AUM rise as new CEO settles in
Net new business fell to £4.8bn from £5.5bn
Net new business fell to £4.8bn from £5.5bn
After re-joining the FTSE 100 in December 2022
Key events for UK wealth managers for the week starting 28 August
Key events for UK wealth managers for the week starting 21 August
Signs the cost-of-living crisis is beginning to ease, though a September rate rise looks ‘bolted on’
Royal London and Abrdn money market funds among the most bought
Founder Peter Hargreaves previously criticised the chair over HL’s performance during her tenure
He will take up his seat from 1 August
First launch since Toby Vaughan was appointed CIO
But concerns remain over the regulator classifying the asset as a Restricted Mass Market Investment
Following the appointment of Vaughan as CIO
Toby Vaughan has been appointed chief investment officer