Chelsea Financial Services

Some mid-cap managers are allocating nearly 40% of their funds to stocks outside the FTSE 250, leading to a dip in performance as the index rallied over the last six months.

Investors have ploughed more than £34bn into underperforming funds which have severely lagged peers over the past three years, the latest RedZone report from Chelsea Financial Services reveals.

THE BIQ QUESTION

GROWTH MARKETS

Standard Life's Karen Robertson and M&G's Aled Smith have both entered Chelsea Financial Services' infamous 'Relegation Zone'.