A number of big name fund managers have been flagged by Bestinvest's latest infamous list of "dog funds", which names and shames the worst performing funds available to UK investors.
Respected managers including Neptune founder and CEO Robin Geffen and Schroders' US mid-cap specialist Jenny Jones are highlighted as serial underperformers. The July 2013 edition of the wealth manager's performance monitor reveals a total of £13.3bn of "dog assets", up from £12.1 billion at the start of the year. The total number of funds in the doghouse - funds that have failed to beat benchmarks over three consecutive 12-month periods and also underperformed by at least 10% over the whole three-year period - stands at 59. The wealth manager named Schroders as "top dogs", with the ...
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