As Hargreaves Lansdown launches the Wealth 50 - a more focused service to replace the Wealth 150 - which funds did not make the cut?
The Wealth 150, which launched in 2003 as a grouping of the funds Hargreaves Lansdown deemed to be the best in each of the main sectors - has been ditched in favour of the streamlined Wealth 50, which launches today (9 January). The new service launches with 60 funds on its list, instead of the 85 funds in the Wealth 150, "to make it even easier for clients to find what they're looking for". Hargreaves Lansdown explained in the prospectus: "The Wealth 50 is built using the same comprehensive research as the Wealth 150, but is more focused, with fewer funds. This means some funds that ...
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