“Hargreaves’ shares tumble as new client numbers fall 66%”

Jun 1, 2022 | Investments

OK, happy to admit a whole bunch of schadenfreude here. DIY investing, especially that guided by the ‘it’s not advice but, hey, might be a good idea but not our idea if it doesn’t work’ is alive and kicking. That’s despite the ‘Woodford Debacle’, where funds launched by star manager Neil Woodford were heavily promoted by HL, lured hordes of and £ms from retail investors before their collapse a couple of years ago. Although there was, I’m sure, plenty of appropriate small print and I’ll bet there’s a heck of a lot more now. Anyway, our new client numbers are up. So there, Peter Hargreaves.

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