U.K. Wealth Managers to Profit Most as Rates Rise, Liberum Says

Wealth managers including Hargreaves Lansdown Plc have the most profit to gain among U.K. financial-services companies should interest rates rise, according to investment bank Liberum Capital Ltd. A one-percentage-point increase in rates would boost pretax profit at Hargreaves Lansdown by 10.8 percent, London-based analyst Justin Bates said in a report…