A handful of perennially underperforming funds have been named and shamed in Bestinvest’s latest Spot the Dog report.
In this edition of the twice-yearly lists, 31 funds have been identified that meet the criteria to be labelled as dogs. This is less than half of the 86 funds revealed in the last report, and the amount of assets held in these mutts has dropped even more substantially from £45.4bn to £10.7bn.
The dog fund earn their masters almost £115m in annual fees, based on their current size and annual ongoing costs.
