Spot the Dog: HBOS dethrones persistent underperformer Invesco

Number of poor funds almost halved

James Baxter-Derrington
clock • 4 min read
Invesco's Stephanie Butcher, who was appointed CIO in early 2020
Image:

Invesco's Stephanie Butcher, who was appointed CIO in early 2020

Halifax Bank of Scotland (HBOS) has taken the number one spot from relentless top dog Invesco, leaping to the top of BestInvest’s Spot the Dog league table of underperforming funds with £6.9bn of poorly performing funds.

The report has identified 77 underperforming funds representing £29.5bn of investor capital, which must deliver a worse than market return for each of the last three 12-month periods and underperform the...

To continue reading this article...

Join Investment week

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Funds

Janus Henderson Global Dividend Index Q1 2022 results

Janus Henderson: Global dividends break Q1 record but uncertain outlook remains

Global Dividend Index

clock 24 May 2022 • 3 min read
Smouha manages the GAM Star Credit Opportunities fund

GAM's Anthony Smouha named FE Alpha Manager of the Year

One of two wins for Smouha

clock 19 May 2022 • 1 min read
Jake Moeller, Paul Angell and Alex Farlow of Square Mile

Square Mile: Q1 fund manager sentiment

Savage rotation

Square Mile
clock 19 May 2022 • 4 min read
Trustpilot