Directors Deals 

Hargreaves Lansdown founder diversifies

Hargreaves Lansdown founder diversifies

In the educational section of Hargreaves Lansdown’s (HL.) website, there is an article that encourages readers to spread their investments through a diversified portfolio. The fund supermarket’s founder appears to have taken note. Last week – ostensibly to “diversity his assets” – Peter Hargreaves sold 34.4m shares in an expanded placing with institutional investors, netting £550m in the process.

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