Assets in Hargreaves Lansdown's multi-manager range have moved closer to the £5bn mark after the company raised £162m for its HL Multi-Manager UK Growth fund, which launched on 23 January.
Hargreaves Lansdown employee Rayhan Qadar has been sacked after posting a message on social network Twitter which suggested he had been involved in a hit and run incident.
Aviva has written to advisers outlining its views on the challenges facing Mark Barnett, following a review of how he runs funds previously managed by Neil Woodford.
Hargreaves Lansdown chief financial officer Tracey Taylor has stepped down from her role and will leave the business next year.
Rob Hudson is leaving his role as head of Charles Stanley Direct at the end of December after three and a half years.
Citi analysts have downgraded platform giant Hargreaves Lansdown to a 'sell' due to expected pressure on revenues as platform fee competition intensifies.
Investors wishing to move from direct-to-consumer to adviser platforms face "punitive" exit fees, according to analysis by the lang cat.
Hargreaves Lansdown has hired Steve Clayton, partner at Mirabaud Securities, as head of equity research.
'We will not be hiring any more big names'
Nick Train has been aggressively topping up his holding in Hargreaves Lansdown shares, arguing fears over margin pressures at the platform are unfounded.