Hargreaves Lansdown assets and new business fall in Q1

Reiterates guidance

Investment platform Hargreaves Lansdown has reported its closing assets under administration fell to £132.3bn at the end of April, from £141.2bn at the end of December last year.

It said this was due to "adverse market movement through the period driven partly by exposure to global equity markets, particularly US technology stocks, with the Nasdaq down 21%". Assets in funds...