Tilney Bestinvest's 'Dog List' of consistent underperformers has risen by nearly 50% in the second half of 2015, from 37 to 54 funds, with Jupiter and Majedie making their first appearances.
The wealth manager's twice yearly Spot the Dog report highlights OEICs and unit trusts that have underperformed their benchmarks for three consecutive years, and by more than 10% over a three-year period. The second half of 2015 saw the number of funds jump by 46%, rising to 54. However, despite the rise the level of assets held in ‘dog' funds rose by just £400m, from £17.6bn to £18bn. The period has seen Majedie Asset Management and Jupiter Asset Management make a new entrance to the list, with one fund each. Majedie's £ 450m UK Smaller Companies has made an appearance after its p...
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