TWO OF Hargreaves Lansdown's 13 funds have been found to not provide good value, the firm revealed in its assessment of value report.
The report, which is required by the
Just three of the firm's funds received a green flag on performance, while only half gained a green for 'comparable market rates'.
The HL Multi-Manager Asia & Emerging Markets fund and the HL Multi-Manager Strategic Bond fund both received a red in this year's report, representing a poor overall rating.
"These two funds have experienced a prolonged period of investment underperformance," said John
Misselbrook, chair of
Between
The firm has since brought the number of managers on the fund down from nine to eight, while reweighting the manager allocations within the fund.
Along with the
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