The number of under performing funds has ballooned in the past six months, according to Bestinvest.
In its latest edition of its ‘Spot the Dog’ report - which identifies consistent underperformers in fund management – 151 equity funds were identified as meeting the criteria to be considered dog funds.
This is a 170 percent increase on the 56 funds highlighted in the August report.
The total value of assets held by dog funds was also up by 106 percent to £95.26 ...
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