Hargreaves Lansdown is in talks with a number of fund groups to secure exclusive deals to sell their passive products at discounted prices.
In the latest move in the pricing wars taking place across the platform space, Investment Week can reveal the FTSE 100-listed wealth manager is looking to leverage its distribution capability to secure sole access to a range of passive funds. Negotiations are taking place between Hargreaves and passive providers, as the D2C platform is keen to work with a much smaller number of groups. At present, the platform offers around 60 trackers from popular providers including BlackRock, Vanguard, Allianz, L&G, Marks & Spencer and HSBC. As revealed previously by Investment Week, Hargreaves ...
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