Spot the Dog: HBOS dethrones persistent underperformer Invesco

Number of poor funds almost halved

James Baxter-Derrington
clock • 4 min read
Invesco's Stephanie Butcher, who was appointed CIO in early 2020.
Image:

Invesco's Stephanie Butcher, who was appointed CIO in early 2020.

Halifax Bank of Scotland (HBOS) has taken the number one spot from relentless top dog Invesco, leaping to the top of BestInvest’s Spot the Dog league table of underperforming funds with £6.9bn of poorly-performing funds.

The report has identified 77 underperforming funds representing £29.5bn of investor capital, which must deliver a worse than market return for each of the last three 12-month periods and underperform the...

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