Hargreaves Lansdown suffers significant withdrawals on multi-manager funds trapped in LF Equity Income

Two largest mandates lose nearly £400m between them

David Brenchley
clock • 2 min read

Investors withdrew more than £500m from the six Hargreaves Lansdown (HL) multi-manager funds that are trapped in the LF Equity Income fund in the final seven months of 2019, as the funds all underperformed their sector averages, data shows.

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