Update: Reid departure prompts Majedie UK Income removal from HL's Wealth 150

Reid heading back to university

Mike Sheen
clock • 4 min read

Hargreaves Lansdown has removed the Majedie UK Income fund from its Wealth 150, following the departure of Chris Reid who had managed the fund since 2011.

 Reid joined the firm in 2008 to co-manage the long/short global equity Tortoise fund, which he ran until 2013 when he also took up management duties on the UK Focus fund. He officially leaves at the end of June to pursue a Masters in Finance degree at Judge Business School of Cambridge. The UK Income fund will now be led by Mark Wharrier alongside existing co-manager Yuri Khodjamirian and fund analysts Mike Totton and Emily Barnard. In a statement, Hargreaves Lansdown said: "Chris Field will take over lead management of the fund, alongside existing co-manager Yuri Khodjamirian, un...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Investment

Stories of the Week: New Year Honours; Fundsmith slips down ii list; Another short position against Hargreaves Lansdown

Stories of the Week: New Year Honours; Fundsmith slips down ii list; Another short position against Hargreaves Lansdown

The biggest stories from the world of investment and asset management this week: New Year Honours; Fundsmith; Hargreaves Lansdown

Sarka Halas
clock 05 January 2024 • 1 min read
Partner Insight: Outlook 2024 from Royal London Asset Management

Partner Insight: Outlook 2024 from Royal London Asset Management

Royal London Asset Management
clock 03 January 2024 • 1 min read
Helen Wagstaff

CASCAID founder Helen Wagstaff awarded MBE in New Year Honours List

Services to charity

Investment Week
clock 30 December 2023 • 3 min read
Trustpilot