Poor ethical fund returns

By Jenne Mannion More than £25bn of UK retail investors funds have consistently underperformed their relevant markets over the past three years. This was the central research finding from Best Investment in its most recent guide to the worst performing equity funds, called Spot the Dog. Jason Hollands, deputy managing director at Best Investment, said many of the funds were household names and unit holders should consider a switch. He added that over the past three years the top performing UK fund increased in value by 279% while the worst rose by only 15%. The main underperformers amon...