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The infamous ranking by online investment firm Bestinvest has singled out five HBOS funds with more than £6.5bn in assets as persistent underperformers

Asset Management Correspondent

HBOS has topped a bi-annual list of underperforming managers, with more than £6.8bn sitting in so-called 'dog funds'.

The infamous ranking by online investment firm Bestinvest singled out five HBOS funds as persistent underperformers. Four of them — Halifax UK Growth, Halifax UK Equity Income, Halifax North American and Halifax European —  appeared in the top 20 laggards by fund size.

HBOS tops ‘dog funds’ list as Invesco finally relinquishes crown

David Ricketts

Lloyds Banking Group

St James's Place

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Find out who is on the move in the City and beyond this week

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CDPQ hires Sharon White to lead push in Europe

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Former chair of the John Lewis Partnership is joining the Canadian pension fund giant early next year

One of the top investors in Adani Group launched an on-market share buyback to protect its share price against the contagion from a U.S. investigation into the Indian conglomerate.

GQG Launches Buyback After Stock Tumbles on Adani Probe

The president-elect floated the idea during a Wednesday meeting with the former Fed governor.

By Brian Schwartz, Vivian Salama and Andrew Restuccia

Trump Considers Warsh Serving as Treasury Secretary—and Then Fed Chair

The U.S. auditing watchdog voted to require certain audit firms to disclose eight new metrics ranging from auditor turnover to partner involvement and restatement history.

Large Accounting Firms Will Have to Submit Financial Statements to U.S. Regulator

The AI titan will maintain its strong lead, but complicated product rollouts, sky-high expectations and the China threat add complications to growth potential.

Nvidia Is on Top but Does It Have Anywhere to Go but Down?

Research group GfK’s measure of consumer confidence climbed to minus 18 in November’s survey from minus 21 in October.

U.K. Consumers Cheerier Ahead of Holidays as Budget, U.S. Election Jitters Fade

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