SmithHamilton Law Limited along with Smith Hamilton Investment Partners, has been appointed to set up and advise Hargreaves Lansdown on its “HL Select Umbrella Trust” and the subsequent two launches of sub-funds: HL Select UK Shares and HL Select UK Income Shares – the UK’s No.1 investment platform for private investors.
HL Select UK Shares’ has seen significant growth, with over £168m raised during the fixed price launch offer period. This is Hargreaves Lansdown’s first internally managed equity fund, focusing on long-term capital growth by investing in a select group of quality businesses.
HL Select UK Income Shares launches on 1st March, 2017.
“SmithHamilton advised us on all regulatory aspects of the HL Select Umbrella Trust and the highly successful launch of HL Select UK Shares, our new direct equity fund. We look forward to partnering with them on future fund projects.”
Rob Byett, Group Director of Risk & Compliance, Hargreaves Lansdown
“Working with Hargreaves Lansdown was an exciting opportunity for our developing business. We wish to congratulate Steve Clayton and his team on the fund’s rapid growth, " Gray Smith, SmithHamilton's Principal