Trailing UK equities sees Rathbones and Vanguard red flag mandates in AoVs

Three funds in total

Rathbones and Vanguard have red flagged three UK equity funds between them over issues with their performance.

In their most recent Assessment of Value (AoV) reports, the two asset managers respectively highlighted performance lags over the last three or five years in some of its UK-focused strategies. Rathbones put its Income and UK Opportunities funds on watch after both underperformed their individual I share classes. Rathbones hit by £3.4bn Autumn Budget outflows but FUMA on the rise While the Income fund achieved its primary objective of delivering a better annual income than the FTSE All-Share Index over three years, its overall performance "has not delivered the outcome you should ex...