Hargreaves Lansdown cautions co-founder against attacking firm

Peter Hargreaves

Elliot Gulliver-Needham
clock • 2 min read

Hargreaves Lansdown has warned its co-founder Peter Hargreaves to stop openly attacking the platform.

In the investment platform's annual report released last week, it revealed it had "shared protocols" for interactions with Hargreaves and his board representative "to ensure a common understanding of how interactions will take place". Hargreaves is still the largest shareholder in the firm, holding 19.8% of shares as of 30 June 2023, despite stepping down from the board in 2015. He has frequently spoken out against the actions of the firm. Growth slows at Hargreaves Lansdown as investor confidence falters Following Hargreaves' decision to reduce his shareholding from 24.4% and no l...

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