Train to 'wait and see' on HL holding after 'regrettable' 2019
Under pressure from regulators
Nick Train of Lindsell Train
Co-founder of Lindsell Train Nick Train will “wait and see” whether Hargreaves Lansdown (HL) is able to overcome pressures faced in relation to its link to the now-closed Woodford Equity Income fund before making a decision about the firm’s place in his portfolios.
HL continued to promote Woodford's fund via its best buy list even after months of underperformance and investors in the firm's multi-asset portfolios are still lumbered with large exposure to the fund,...
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