M&G and Aberdeen are way ahead of the pack in Tilney Bestinvest's latest infamous 'Spot the Dog' list of underperforming funds.
The wealth manager's bi-annual Spot the Dog report highlights OEICs and unit trusts that have underperformed their benchmarks for three consecutive years and by more than 10% over a three-year period. Total M&G assets under management in the latest list have almost doubled from £6bn to £11.9bn since January's report, as its £5.5bn Global Dividend fund became the latest product to be included. Five M&G funds featured, including Global Dividend as a new entrant, managed by Stuart Rhodes. It sits alongside repeat offenders M&G Recovery, Global Basics, North American Dividend and Global L...
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