Hargreaves Lansdown adds Schroder Income fund to Wealth Shortlist

‘Long-term performance potential’

Hargreaves Lansdown has added the Schroder Income fund to its Wealth Shortlist, with analysts bullish on its “long-term performance potential”.

According to data from FE fundinfo, the £1.1bn fund has made top quartile returns over the past ten and three years, ranking third of 73 funds in the IA UK Equity Income sector over the latter period. Downing calls time on infrastructure fund of trusts after less than two years However, its near-term performance has struggled, returning 1.5% over one year, which ranked it 44th out of the 73 funds in the sector. But according to HL's senior investment analyst Joseph Hill, managers Kevin Murphy and Andrew Evans have the "experience and support to deliver good long-term returns to pat...