Peter Hargreaves nominates ex-Liontrust AM chair Collins for HL board

Under new shareholder agreement

clock • 1 min read

Former Liontrust Asset Management chair Adrian Collins is set to join the board of Hargreaves Lansdown after being nominated by Peter Hargreaves as part of a new shareholder agreement with the firm he co-founded.

The co-founder will now be entitled to nominate one non-independent, non-executive director for appointment to the HL board for as long as he has control of at least 10% of the company's voting rights. HL said the agreement would "reflect Peter's continuing interest in the company whilst respecting the strong independent governance principles of the board". Collins, who stepped down from Liontrust to be replaced by Alastair Barbour in September 2019 after a decade in the role, has over 40 years of industry experience, including senior roles at Gartmore, Trustnet Jupiter, Bestinvest an...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Platforms

Retail access to crypto ETFs to face Consumer Duty hurdles even if 'unlikely' UK approval granted

Retail access to crypto ETFs to face Consumer Duty hurdles even if 'unlikely' UK approval granted

Platform concerns over investor protections

Valeria Martinez
clock 17 January 2024 • 3 min read
FCA raises alarm on platforms' handling of customer cash interest

FCA raises alarm on platforms' handling of customer cash interest

Cracks down on ‘double dipping’

Sahar Nazir
clock 12 December 2023 • 1 min read
LTAFs elude retail investors as platforms shun Innovative Finance ISA

LTAFs elude retail investors as platforms shun Innovative Finance ISA

Following Autumn Statement plans

Cristian Angeloni
clock 07 December 2023 • 3 min read
Trustpilot