Hargreaves reveals Strategic Asset portfolio ahead of launch

Cautious asset mix

Anna Fedorova
clock • 2 min read

Hargreaves Lansdown has revealed the initial portfolio of its HL Multi-Manager Strategic Assets fund, launching on 9 February.

The core of the portfolio will be invested with fund managers who have long track records of "shrewdly combining assets", such as shares, bonds, cash and commodities. The firm said these ‘asset allocators' offer exposure to different views and themes, complementing each other and achieving an appropriate mix of assets and level of risk when blended together. At launch these core funds are expected to account for around 75% of the portfolio. Lee Gardhouse (pictured), fund manager, said: "The aim of this portfolio is to capture some gains when markets are rising, but also offer some ...

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