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HBOS, SJP and Invesco shamed in £45bn ‘dog funds’ list
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Fund groups HBOS, St James’s Place and Invesco have been singled out for managing tens of billions of pounds worth of investments that have consistently failed to generate market-beating returns over the past three years.
According to a biannual list compiled by online investment platform Bestinvest, the three groups are managing £16.8bn in underperforming assets among them across 13 funds.
HBOS,...
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