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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

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

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

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