Hargreaves Lansdown is set to fall out of the FTSE 100 after 12 years in the index, while Liontrust is likely to drop out of the FTSE 250.
In the latest FTSE Russell indicative quarterly review, the £3.3bn firm risks being eliminated after 12 years in the index, as the next smallest FTSE 100 stock is £3.5bn RS Group. Consumer Duty risks drive Hargreaves Lansdown and AJ Bell 'Sell' rating from UBS Hargreaves Lansdown will likely be replaced by £4.6bn Intermediate Capital Group, a private equity investment firm, as the firm's stock has fallen 19.2% this year, while ICG's has risen 34.2%, according to data from Morningstar Direct. Meanwhile, abrdn's Asia Dragon trust is set to enter the FTSE 250, with a market cap of £57...
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