A dispute has broken out between Hargreaves Lansdown, which has just announced the launch of its streamlined Wealth 50 buylist, and Terry Smith, founder of Fundsmith and one of the most prominent stockpickers in the UK, who did not make it onto the list.
According to The Times, Smith, who founded Fundsmith a decade ago, has accused HL of recommending funds based on their potential to maximise the fund supermarket's profits rather than their ability to...
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