Hargreaves Lansdown has dropped Martin Currie's Global Alpha fund from its Wealth 150 list, citing lagging relative performance and poor stock selection.
Hargreaves Lansdown has posted a 16% jump in adjusted pre-tax profits for the six months to end 2009, to £43.1m.
Investment Week surveyed leading advisers to get their opinions on which funds and managers will deliver the best returns over the next 15 years
Artemis Strategic Assets, Cazenove Absolute UK Dynamic and Jupiter Absolute Return made the top ten bestseller list through Hargreaves Lansdown's direct to consumer Vantage platform for the whole of 2009.
Wealth manager and advisory firm Hargreaves Lansdown has seen assets under management grow by almost a fifth over the three months between June and September.
A healthy increase in enhanced annuity sales has been heralded as a sure sign of progress by the industry. Latest figures show Q2 sales were up 30% on last year and accounted for 17% of all annuities written
Price and transparency are rapidly becoming the ‘new' battlegrounds in investment advice, driven by the combination of RDR and attempts to entice more investors back into the markets.
Absolute Return funds appear to have come of age with the sector among the best sellers via Hargreaves Lansdown's direct to investors fund supermarket Vantage in August.
Hargreaves Lansdown's resilient yearly results are a testimony to the firm's business model and its constant engagement with clients, Stephen Lansdown believes.
Hargreaves Lansdown has added the Liontrust European Absolute Return fund to its Wealth 150 list.