HL: Woodford IM did not inform us of February 2018 breaches

Chris Hill's letter to Treasury

Anna Fedorova
clock • 5 min read

In a response to a Treasury Committee letter on its investment into Neil Woodford's suspended Equity Income fund, Hargreaves Lansdown has revealed Woodford Investment Management did not inform the platform the fund breached the 10% limit to unlisted holdings last year, which was exposed by the FCA yesterday.

To continue reading this article...

Join Investment Week today

  • 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 Industry

CFA identifies responsible use of AI as key to maintaining trust in capital markets

CFA identifies responsible use of AI as key to maintaining trust in capital markets

CFA Institute research series

Michael Nelson
clock 21 July 2026 • 2 min read
City Hive's Bev Shah: What the World Cup taught the industry about culture and performance

City Hive's Bev Shah: What the World Cup taught the industry about culture and performance

Teamwork and collaboration

Bev Shah
clock 20 July 2026 • 5 min read
Workplace culture expert Jenny Segal: How to spot the quiet quitters

Workplace culture expert Jenny Segal: How to spot the quiet quitters

Consumer Duty issue

Jenny Segal
clock 10 July 2026 • 3 min read
Trustpilot