Fewer M&G funds on Spot the Dog list

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M&G, which had previously dominated Best Investment's Spot the Dog list of poor performing funds, is...

M&G, which had previously dominated Best Investment's Spot the Dog list of poor performing funds, is starting to make a comeback by reducing the number of portfolios remaining on the tables. In compiling the list, Best Investment identifies funds that underperform their benchmark index in each of the past three years. This group is then filtered to identify funds where underperformance over the total three-year period was higher than 10. During 1997 M&G had nine UK-based funds on the list. That number has now been reduced to three, the latest exodus being the M&G British Opportunities fu...

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