HL launches multi manager European fund
Hargreaves Lansdown has launched its Multi-Manager European Fund after raising £91 million during the offer period.
Hargreaves Lansdown
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Hargreaves Lansdown new drawdown fund
Hargreaves Lansdown, the FTSE 100-listed UK investment 'supermarket', has launched a drawdown fund offering no set-up or income withdrawal charges to take advantage of the radical UK pension reforms due to take effect from April 6 this year.
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Hargreaves Lansdown profits up
Hargreaves Lansdown posted a 7% rise in pre-tax profits to £209.8m for the year to end June, with total assets under management climbing 29% to £46.9bn.
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Sesame most complained about advisory firm
Sesame received more complaints than any other advisory firm over the first half of 2014, the Financial Ombudsmen Service (FOS) has revealed in its half year results.
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Platform assets rise by 14bn in second quarter
Total platform assets under management rose by £14bn in the second quarter of 2014 to reach £317bn, a 5% rise on the year’s first quarter.
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Six summer reads
Some summer reading suggestions for people that can’t quite allow themselves to escape entirely.
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Psigma Income manager Mott to retire at year end
Psigma Income Fund manager, Bill Mott will retire at year end to be replaced by Eric Moore.
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Lowcock leaves Hargreaves Lansdown
Adrian Lowcock has announced his departure from Hargreaves Lansdown.
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PA ANALYSIS One cost to rule them all
The FCA's review of the clarity of fund charges shows that there remains a long way to go to a single number that investors can use to compare one fund with another.
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PA ANALYSIS Europe between hope and optimism
On 22 May, we will be asked to step up to the ballot box for the European Parliamentary elections; while politicians postulate should investors invest?
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Strat bond funds still acrobats of fixed income
These funds have proved their flexibility and ability to allocate within a range of areas in the fixed income market, but what are the new challenges entering this space?
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FCA list reveals most complained about FS firms
Hargreaves Lansdown, Barclays Stockbrokers and Santander received the most investment-related complaints in the second half of last year, though overall grievances with financial services firms fell, according to the FCA.