Hargreaves Lansdown

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Hargreaves Lansdown entered the top five groups by net retail sales in the first quarter following a spate of multi-manager launches, according to the latest Pridham report.

Hargreaves Lansdown has raised £94m for the latest addition to its multi-manager range, an Asia and emerging markets fund.

Alliance Trust's agreement to appoint two of the non-execs proposed by Elliott Advisors has been proclaimed a victory for the hedge fund, but the trust's future direction remains up in the air.

Peter Hargreaves and Stephen Lansdown have dropped down the annual Rich List rankings after a tough 2014 for Hargreaves Lansdown shares.

Tesco shares have sunk 5% this afternoon as investors took an increasingly dim view of its £6.4bn full year loss.

Hargreaves Lansdown shares dropped as much as 4% after co-founder and majority stakeholder Peter Hargreaves stepped down from the company's board with immediate effect.

Mark Dampier, head of research at Hargreaves Lansdown, has sold nearly £900,000 worth of shares in the company after exercising share options.