Hargreaves Lansdown has criticised Lindsell Train for unsatisfactory progress in bolstering the company’s oversight capabilities.
Emma Wall, head of investment analysis and research at HL, wrote in a note last week (18 May) that the platform's research team does not feel Lindsell Train's investment risk framework "is sufficiently robust, nor that Lindsell Train have the correct capabilities, to provide strong independent oversight and challenge of the investment team". Hargreaves Lansdown adds Ninety One UK Sustainable Equity fund to Wealth Shortlist Wall clarified however the views do not represent a judgement against the capabilities of the company's fund managers: Nick Train, Michael Lindsell, James Bullock a...
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