Bestinvest's list of 'dog funds' highlights funds that have underperformed their benchmark by 10% or more cumulatively over the last three years.
Major fund groups Scottish Widows/SWIP, Legal & General, Neptune, Schroders and Fidelity have all topped Bestinvest's list of fund houses with the most dog funds. Scottish Widows was the worst performing fund house with ten funds totalling £5.98bn of assets, equivalent to two thirds of the group's total assets under management. Legal & General had eight while Neptune, Schroders and Fidelity had four apiece. By value of assets sitting in dog funds, Scottish Widows/SWIP, Schroders, Fidelity and M&G topped the table. Below is a list of the worst three performing funds from each of the...
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