Companies in charge of their own destiny
We believe businesses with exceptional products and services can create a virtuous circle of customer loyalty, pricing power and financial strength that allows them to prosper and grow whichever way the economic winds are blowing.
The characteristics we look for can become self-reinforcing, giving companies the power to reinvest back into the business, stay at the forefront of their industries and continue to grow year after year. That can make a big difference to their value over the long term.
We focus on quality businesses with robust balance sheets and durable profits
Every stock should count
We choose stocks on merit, not mass. We hold around just 30 large, medium and higher risk smaller companies. This means each holding can make a real difference to performance, although it is a higher risk approach.
In the near term, markets can be unpredictable. But the long term is often surprisingly clear. Trends like ageing populations or the growth of e-commerce play out over long periods of time. We try to find businesses on the right side of these trends and hold them for years.
We don't mind paying the right price for quality, because great companies can compound their earnings, far out into the future.
Meet the Fund Managers
Steve Clayton, Fund Manager
Steve started working in the City in 1987, after gaining an economics degree from the University of Cambridge, and has worked in the stock market ever since. Early experience at Royal Life, NPI and Halifax eventually led to a Partnership at Mirabaud Securities LLP. That move saw Steve switch from running institutional portfolios to providing leading fund managers in the UK, Switzerland and North America with advice on stock selection and strategy. Steve joined Hargreaves Lansdown in 2014 to provide equity research to our clients and create the HL Select UK Growth Shares Fund range.
Charlie Huggins, Fund Manager
After gaining a First in Biochemistry at the University of Oxford, Charlie joined Hargreaves Lansdown in 2011. Working within the Investment Research team, Charlie has focused on equity research and investment management, gaining his CFA charter along the way. Since Steve Clayton joined HL in 2014, Charlie has worked with Steve to develop HL’s equity fund management capabilities.