Fund performance has increased over the last six months but Scottish Widows' investments has once again topped the list of "dogs" in the latest round of "Spot the Dog".
Bestinvest’s latest “Spot the Dog” analysis of the worst performing of 956 funds reveals there has been a 30% decrease in the number of failing funds from £15.4bn worth of assets in 2003 or 133 funds to £10bn of assets and 92 funds. Scottish Widows and SWIP still has the largest overall contingent of ‘dog’ funds, according to Bestinvest, as it has £1.6bn spread across 10 funds. qualify for 'dog' status a fund has to have underperformed its benchmark in each of the last three years as well as underperformed its benchmark by at least 10% over that period, says Bestinvest. prising new...
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