Hargreaves Lansdown adds Baillie Gifford Sustainable Income fund to Wealth Shortlist

‘Useful addition’ to an income portfolio

Hargreaves Lansdown has added the Baillie Gifford Sustainable Income fund to its Wealth Shortlist, on the grounds it could be a good diversification option for a growth focused portfolio.

The £151.3m fund is run by a four-strong team, which senior HL investment analyst Hal Cook said each have "different areas of investment specialism", but all "look for investments that will contribute to the income paid by the fund", versus relying on just one asset class. All the managers work across other Baillie Gifford mandates, with lead manager James Dow also co-head of global income, and manages the Baillie Gifford Global Income Growth fund. Hargreaves Lansdown drops Whitmore's Global Value Equity fund from Wealth Shortlist Lesley Dunn is head of the credit team and manages ...