Hargreaves Lansdown has removed the JO Hambro UK Equity Income Fund from its Wealth 150 buy-list after it soft-closed to new investment earlier this year.
 
Meera Patel, senior analyst at Hargreaves Lansdown, said the fund had seen strong inflows and reached 'optimum size' in the eyes of managers Clive Beagles and James Lowen.

Patel said soft-closing of the fund was a good move for investors, allowing it to remain nimble and react quickly to developments in the wider market.

She warned sustained inflows into the fund could make management more difficult. The senior analyst said existing investors in the fund need not take any action, adding that restricted inflows could help deliver outperformance.

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