© Reuters. Hargreaves Lansdown: 133,769 clients directly exposed to Woodford’s suspended fund

(Reuters) – Investment platform Hargreaves Lansdown (LON:) has 133,769 clients with direct exposure to Neil Woodford’s suspended fund, owning units worth 1.1 billion pounds ($1.38 billion), a letter from Hargreaves’ chief executive to the UK’s treasury committee showed.

In response to questions raised by the chair of the committee, Nicky Morgan, about Hargreaves’ connections to the suspended fund, Hill said the total number of clients, both directly and indirectly exposed, were 291,520.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Source link