Invesco Perpetual has again topped a biannual list of the worst-performing investment funds, making this the third consecutive time the Henley-based asset manager has received the unwanted accolade.
According to a ranking compiled by online investment company Bestinvest, which identified 59 serial laggards collecting more than £300m in fees annually, Invesco came first, with six underperforming funds holding total assets of £11bn.
