L&G features heavily in the Relegation Zone

L&G is the worst offender in Chelsea Financial Services' so-called Relegation Zone with eight of the...

L&G is the worst offender in Chelsea Financial Services' so-called Relegation Zone with eight of the firm's funds appearing in the latest list. The firm was also the worst offender in the last list, published in October 2006. L&G's Capital Growth, UK 100 Index Tracker, UK 100 Index, European Growth, Global Growth and (A&L) Income funds all featured in both lists, marking the group out as the most consistent underperformer. The Global 100 Index in the Global Growth sector and Distribution from Cautious Managed are the latest additions to the March edition while the Equity and Europe inc U...