Legal & General was the worst performer in the latest edition of Chelsea Financial Services' relegat...
Legal & General was the worst performer in the latest edition of Chelsea Financial Services' relegation list with eight funds included, followed by Axa, Hendersons and Threadneedle with five each. Overall, a total of 152 funds from 13 sectors feature in the list, with 10 of these losing money for investors over three years to 20 September. The so-called relegation zone is made up of funds ranked either third or fourth quartile for three consecutive discrete years, using data from Trustnet. Chelsea has omitted bad performance records from the list by managers who have been running a fund f...
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