Barclays misses out on Hargreaves' key fund deals

Barclays Stockbrokers' clean fund prices show the platform has failed to secure the blockbuster deals on key funds negotiated by main rival Hargreaves Lansdown, Investment Week can reveal.

Barclays' list of around 2,000 funds available under its new pricing structure - which goes live on 1 March - shows little evidence of ‘super clean' preferential pricing deals. The vast majority of active equity funds on Barclays' list are priced at 0.75% or higher. Only a handful, such as Baillie Gifford Global Discovery (0.65%), are priced below that point. That is broadly in line with the figures from Fidelity's Select list, first revealed by Investment Week earlier this month, which also showed little in the way of super clean deals. Barclays has undercut rival Hargreaves Lansd...