Best Investment has added three M&G funds from the former worst performing or 'dog' list to its list...
Best Investment has added three M&G funds from the former worst performing or 'dog' list to its list of recommendations, in its latest issue of Best Pep and Isa.
Other new groups to achieve funds rated by Best are Henderson, Johnson Fry, Mercury and Framlington.
Jason Hollands, deputy managing director of Best Investment, said in the past, Best Investment has been heavily critical of M&G but had changed this stance following a turnaround by the group.
He said: "Over the past two years we have highlighted the recruitment of new talent in the form of managers Sam Morse, Nick Train and Hak Saleh.
"Some of the funds have started to significantly improve while others, such as M&G British Opportunities, remain laggards.
"We believe the purchase by Prudential should hasten the pace of change and enable this house to replenish its fund management team with new talent."
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