Hargreaves Lansdown has appointed Marlborough to run a third bespoke segregated mandate for the platform’s multi-manager funds, managed by Sid Chand Lall, Investment Week can reveal.
Under a new agreement between the two firms, the multi-manager fund's full investment will be transferred from the IFSL Marlborough Multi Cap Income fund into the new segregated mandate, which will be managed following a broadly similar strategy. The £2bn HL Multi-Manager Income & Growth trust has been a long-term investor in the Multi Cap Income fund and the new UK equity income mandate will invest across the market cap spectrum, with a bias towards small- and mid-cap companies. Hargreaves Lansdown launches ETF research arm Richard Goodall, CEO of Marlborough, said that this new...
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