'It wasn't the outcome we hoped for': Hargreaves UK income fund falls 7% in first year

Provident Financial impact

Tom Eckett
clock • 2 min read

Despite its launch being labelled a challenge to the UK Equity Income sector when HL Select UK Income Shares came to market on 2 March, the £205m fund has significantly underperformed in its first year.

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Funds

L&G places £50bn liquidity funds on Calastone's tokenised network

L&G places £50bn liquidity funds on Calastone's tokenised network

Available in Ethereum and EVM blockchains

Patrick Brusnahan
clock 15 April 2026 • 1 min read
Tech stocks and trackers in demand as ISA season closes

Tech stocks and trackers in demand as ISA season closes

US exposure favoured

Alex Sebastian
clock 09 April 2026 • 1 min read
Equity fund outflows surge to £1.44bn during war-torn March

Equity fund outflows surge to £1.44bn during war-torn March

Calastone Fund Flow index

clock 08 April 2026 • 2 min read
Trustpilot