Star managers binned in shake-up of Hargreaves Wealth 150 list

Star managers including Edward Bonham Carter, Andy Brough and Chris Burvill have been struck off Harg...

Star managers including Edward Bonham Carter, Andy Brough and Chris Burvill have been struck off Hargreaves Lansdown’s influential Wealth 150 list. Several others including Legg Mason’s Bill Miller have been placed under review in the largest overhaul of the adviser’s buy list since its creation five years ago. Hargreaves’ Mark Dampier said underperformance linked to current market volatility was a key concern, although not the only reason for funds to be taken off the list. “Sometimes managers go off the boil, so we do other quantitative and qualitative analysis. It is not just performa...