“Brown Shipley’s Investment Chief Chosen by Hargreaves Lansdown for Key Role”

Brown Shipley’s CIO Toby Vaughan joins Hargreaves Lansdown as Head of Fund Management

Hargreaves Lansdown, the Bristol-based financial services firm, announced that Toby Vaughan has been appointed as Head of Fund Management. Vaughan joined the firm on May 31, 2021, after having spent over four years at Brown Shipley, the UK-based arm of Quintet Private Bank Group. He had joined Brown Shipley in October 2018 as the CIO and was later given additional responsibilities as Group Head of Investment Management.

Vaughan’s Previous Experience

Prior to joining Brown Shipley, Vaughan worked as Head of Multi-Strategy Solutions at Santander Asset Management, Fund Manager at LV Asset Management and Director of Asset Allocation at F&C Asset Management. He is a former winner of Investment Week’s Fund Manager of the Year Award.

Role at Hargreaves Lansdown

Vaughan will be accountable for all HL funds and strategies. His role will involve defining the investment strategy, governance, risk and being responsible for the delivery of good client outcomes. Ruchir Rodrigues, Chief Client and Commercial Officer at Hargreaves Lansdown, stated that the appointment of Vaughan will help Hargreaves Lansdown provide a wide range of investment solutions to its clients.

HL’s Fund Management Business

Hargreaves Lansdown has a total of 18 funds, which includes HL Select Funds, HL Growth Fund, HL Portfolio Funds and HL Portfolio Building Block Funds with plans for additional fund launches later this year. The company’s fund management business is an essential part of its growth strategy, aimed at providing diverse investment solutions to its clients across all stages of their investing journeys.

Expert Perspective

Market experts consider Vaughan’s appointment as a significant move by Hargreaves Lansdown to gain a more substantial foothold in the investment market. The investment industry is highly competitive and fast-changing, and this appointment aligns with Hargreaves Lansdown’s commitment to staying ahead of its competitors, providing its clients with diverse investment opportunities.

Conclusion

In conclusion, the appointment of Toby Vaughan as Head of Fund Management at Hargreaves Lansdown is a strategic move that will aid the company’s growth ambitions, providing its clients with a wider range of investment opportunities. Vaughan brings extensive experience and expertise to the company, and the firm is looking forward to the new role he will play in shaping its fund management business’s future.