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A study that named and shamed poor-performing funds and revealed investors have up to £8.6bn invested...

A study that named and shamed poor-performing funds and revealed investors have up to £8.6bn invested in these so-called dog portfolios was reported in most of the weekend’s papers. The Bestinvest Spot the Dog guide exposed funds that have underperformed their benchmark in each of the past three discrete years and by at least 10% over the whole period. Thrusting funds such as Prudential UK Growth and Canada Life Growth into the spotlight based on their poor performance, the articles in the Sunday Telegraph, the Observer, The Times and the Financial Mail urged investors to ditch the offeri...

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