Lloyds Banking Group-owned HBOS has retained the inauspicious top spot in Bestinvest’s latest ‘Spot the Dog’ report – which identifies consistent underperformers in fund management.
HBOS has £6.07 billion held across three dog funds, which is a reduction from the £6.85 billion it held across five dog funds in August 2021.
Schroders manages the HBOS funds since agreeing a deal with Lloyds in 2018. These remain some of Spot the Dog’s most “persistent offenders”...
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