News of Bestinvest’s list of ‘dog funds’ carried by mainstream media on the 23rd July sparked a widespread response and sharing through social media.
The Bestinvest’s list highlights funds that have underperformed their benchmark by 10% or more cumulatively over the last three years.
Major fund groups Scottish Widows/SWIP, Legal & General, Neptune, Schroders and Fidelity have all topped Bestinvest’s list of fund houses with the most dog funds.
Scottish Widows was the worst performing fund house with 10 funds totalling £5.98bn of assets, equivalent to two thirds of the group’s total assets under management.
Source: Fishtank Social Media Analysis