Spot the Dog: Number of underperforming funds jumps by 'staggering' 65%

Bestinvest identifies 150 'dog' funds

Anna Fedorova
clock • 4 min read

A record-breaking 150 ‘dog’ funds have been identified in the latest bi-annual Bestinvest Spot the Dog report, with total assets of £54.4bn sitting in these vehicles.

The latest 'staggering' figures represent a 65% increase in the number of funds that have consistently underperformed their benchmarks over the past three years and the highest number Bestinvest has on record. Jason Hollands, managing director at Bestinvest, said: "Markets have given investors a rollercoaster ride this year. The Covid-19 crash between late February and the end of March was very rapid but the rebound in stockmarkets since then has been impressive. "However, look beneath the bonnet and there have been big disparities in performance across industry sectors." Invesco r...

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

Technology cited as main barrier to private market access for advisers

Technology cited as main barrier to private market access for advisers

Follows Oliver Wyman’s and Clearstream’s private markets whitepaper

Sophia Panayi
clock 04 August 2026 • 3 min read
Ascot Lloyd links up with BlackRock for investment offering

Ascot Lloyd links up with BlackRock for investment offering

A move to a single investment provider

Isabel Baxter
clock 04 August 2026 • 2 min read
Beyond London: Adviser opportunities in regional investment

Beyond London: Adviser opportunities in regional investment

Hugi Clarke unpacks the regional growth agenda

Isabel Baxter
clock 31 July 2026 • 1 min read