M&G escapes Bestinvest 'Spot the Dog' pound

£8.6bn remains in 42 'Dog' funds

Laura Dew
clock • 2 min read

All five M&G offerings that featured in Bestinvest's previous 'Spot the Dog' list of underperforming funds have dropped out on the back of improved relative returns, while total assets in the list have fallen from £18bn to £8.6bn.

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 5% over a three-year period.  That underperformance threshold is a reduction from the previous 10% level due to the fact the report analyses commission-free share classes, which have lower costs. M&G has been a constant presence in recent 'Dog' lists, holding the largest amount from one fund house for four consecutive reports. In August 2016, M&G had five portfolios featured in the list - Global Basics, Global ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

'Fundamental shift': Why transparent investing really matters

'Fundamental shift': Why transparent investing really matters

‘There needs to be a concerted shift towards greater openness’

Simon Camilleri
clock 18 March 2024 • 4 min read
Partner Insight: Passive and active — the case for both

Partner Insight: Passive and active — the case for both

Invesco
clock 18 March 2024 • 4 min read
Future of Investment Festival: Secure your place for June now

Future of Investment Festival: Secure your place for June now

A look at how to take advantage of global megatrends

Professional Adviser
clock 11 March 2024 • 2 min read