Co-founder of Hargreaves Lansdown Peter Hargreaves has stepped back into the wealth management scene by becoming a partner in start-up Blue Whale Capital.
Hargreaves (pictured) has invested £25m into the new firm which will be run by former co-manager of the Artemis UK Growth fund Stephen Yiu. Yiu spent five years at Hargreaves Lansdown between 2002 and 2007 before joining New Star Asset Management, where he worked alongside Tim Steer. The pair then moved to Artemis in 2009 to manage the UK Growth fund, but Yiu left to move back to Hong Kong in 2013. The investment in Yiu's new business marks Hargreaves' first major investment since stepping down from the Hargreaves Lansdown board in 2015 after 34 years with the firm. As a result,...
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- 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
