Wealth Club hands new Quality Shares portfolio to ex-HL manager Huggins

Discretionary shares portfolio

clock • 2 min read

Wealth Club has launched its first discretionary shares portfolio, named Quality Shares, which will be managed by former Hargreaves Lansdown manager Charlie Huggins, Investment Week can reveal.

Prior to joining Wealth Club in April 2022 after ten years at Hargreaves Lansdown, with five of those as a fund manager, Huggins was the lead manager of the HL Select Growth Shares fund, as well as a co-manager of the HL Select UK Income Shares fund, with a combined AUM of £500m.  The portfolio will be composed of 15 to 20 companies in North America, the UK and Europe with long-term capital growth prospects, resilient business models, competitive advantages, "exceptional" cash generation and strong cultures. Huggins, head of equities at Wealth Club, said: "We have called this the Qual...

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

Hargreaves Lansdown profits drop 8% as platform ramps up technology spend

Hargreaves Lansdown profits drop 8% as platform ramps up technology spend

Net new business slows to £1bn

Valeria Martinez
clock 22 February 2024 • 2 min read
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
Trustpilot