Hargreaves Lansdown's CEO Chris Hill has said it is "angered by the lack of resolution" over the ongoing suspension of the LF Woodford Equity Income fund, and criticised fund manager Neil Woodford for not informing the platform the fund had breached UCITS limits on unquoted positions on a number of occasions.
The fund was suspended on Monday 3 June under a constant stream of outflows, as liquidity of the underlying holdings plummeted. CEO of Hargreaves, the platform which has been one of Woodford's biggest...
Reducing volatility and maximising returns
Record organic asset growth
Global economic cycle is among the longest in history
Fixed income manager takes a more cautious approach
Duff & Phelps IM selected for real estate vehicle