Too Much Success

Hargreaves Lansdown Plc is on a roll. The U.K.'s biggest direct-to-consumer fund platform saw the assets it manages grow by 3 percent to 88.8 billion pounds ($120 billion) in the four months through April as it added 60,000 new clients. Last year, the Financial Conduct Authority said it was investigating "whether platforms help investors make good investment decisions and whether their investment solutions offer value for money." It said it will publish its preliminary conclusions this summer.