Liontrust Sustainable Future Corporate Bond retains spot on Hargreaves Lansdown Wealth Shortlist

Follows Stuart Steven’s retirement

Cristian Angeloni
clock • 1 min read

Hargreaves Lansdown will retain the Liontrust Sustainable Future Corporate Bond fund in its Wealth Shortlist, despite a reduced conviction in the strategy.

The assessment was prompted by lead manager and head of sustainable fixed income Stuart Steven's retirement, which is currently set for September 2023. Hargreaves Lansdown slams Lindsell Train over 'insufficient' investment risk framework Steven has been the lead manager of the fund since 2012 and has more than 29 years' experience in the investment industry. He led the fund alongside co-managers Aitken Ross, Kenny Watson and Jack Willis who will continue managing the strategy after his retirement. HL said losing a seasoned and experienced investor "does reduce our conviction in...

To continue reading this article...

Join Investment Week for free

  • 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 Unit trusts/OEICs

Trustpilot