Hargreaves Lansdown launches five online VCTs after Budget tax hikes Investing Hargreaves Lansdown has launched a new online venture capital trust (VCT) investment service following tax hikes introduced in last month’s Budget. The new service will begin by offering five VCTs, which includes two AIM VCTs from Octopus and its Apollo VCT, Blackfinch Spring VCT and Calculus VCT. The news comes following a host of tax [...]
More than 5,000 Woodford investors sue Hargreaves Lansdown Investing Hargreaves Lansdown, the UK's biggest retail investment platform, is being sued by more than 5,000 investors who claim it kept recommending Neil Woodford’s equity fund when it ran into problems.
Hargreaves Lansdown client growth surges as takeover looms Investing Hargreaves Lansdown’s client growth surged to 18,000 in the last quarter as the investment platform’s private equity takeover approaches. However, despite the growth, which compared to just 8,000 new customers in the same quarter last year, new assets coming into the platform dropped. Hargreaves Lansdown reported just £500m in net new business, compared to £600m [...]
Investor confidence dropped on capital gains tax and pension Budget fears October 16, 2024 The Hargreaves Lansdown investor confidence index dropped more than 11 per cent over the last month as fears of the Budget spread throughout UK investors. Confidence among investors has been on a downward trend for some time, with a similar sized fall happening the month before. “The looming budget in the UK, due to be [...]
Hargreaves Lansdown: Don’t leave retail investors out of the Budget October 14, 2024 Hargreaves Lansdown has called for the government to not leave retail investors behind in this month's Budget.
Meet the fund managers: Launching the new Hargreaves Lansdown Global Equity Income Fund October 7, 2024 This week on meet the fund managers, investment reporter Elliot Gulliver-Needham sat down for an exclusive chat with Tom Wells and Ziad Gergi, managers of the new Hargreaves Lansdown Global Equity Income fund. The fund blends the style and investments of three funds into one: Aegon Global Equity Income, Baillie Gifford Global Income Growth, and [...]
The Notebook: Turning 18 with a junior ISA? Here’s what to do October 1, 2024 From managing a junior ISA to preparing for upcoming tax changes, financial expert Susannah Streeter offers her advice in today's Notebook.
Hargreaves Lansdown reveals vote date and lenders for takeover deal September 27, 2024 The private equity consortium set to take over Hargreaves Lansdown has added a host of lenders to the group financing the £5.4bn takeover deal. This morning, buyout giant CVC, alongside Nordic Capital and Platinum Ivy, a subsidiary of the Abu Dhabi Investment Authority, said that it had added four new lenders to fund the cash [...]
Hargreaves Lansdown co-founder’s private equity firm shutters August 28, 2024 A private equity firm run by Hargreaves Lansdown co-founder Stephen Lansdown has shuttered.
Will private equity set its sights on AJ Bell, M&G or River Global after the Hargreaves Lansdown takeover? August 9, 2024 The takeover battle for Hargreaves Lansdown seemed to have finally reached a resolution this morning, and within hours of the details being announced, analysts were already speculating as to which London-listed asset manager could be next to fall to private equity. Ben Bathurst, analyst at RBC, said today that the planned investment by the private [...]