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Short bets against Hargreaves Lansdown hit historic highs

Attacks on the UK fund supermarket's shares come as government scrutinises its promotion of Neil Woodford's funds

Short bets against Hargreaves Lansdown hit historic highs
Photo: Joe Magee

Short bets against Hargreaves Lansdown have reached all-time highs as the UK’s largest fund supermarket continues to be dogged by the turmoil surrounding the sudden closure of Neil Woodford’s struggling equity fund.

Hargreaves, which funnelled more than £1.6bn of investors’ money into Woodford’s now-frozen flagship fund, is under attack from short-sellers following intense criticism of the FTSE 100 company’s decision to continue to promote the highly celebrated asset manager’s £3.7bn fund right up until withdrawals were blocked in June.

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