Monday, 23rd November 2009

 

2 November 2009 - Press Briefing

Top UK asset managers figure in ‘dog funds’ list

Some of the UK’s most renowned asset managers, including Jupiter, Schroders, Scottish Widows, St James’s Place and Henderson New Star, have figured in Bestinvest’s study of the worst-performing domestic “dog” funds, according to a report in The Sunday Times, London.

To find out the serial underperformers, the survey adopted a criterion that the vehicle must have lagged its benchmark in each of the past three years as well as by 10% or more cumulatively over that period.

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