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HBOS, Fidelity, Jupiter top £10.7bn ‘dog funds’ list

More than 30 funds with £10.7bn of investor money have been singled out as the UK’s worst performers

Invesco and SJP escape the dog house, but tough markets are still causing trouble for fund managers
Invesco and SJP escape the dog house, but tough markets are still causing trouble for fund managers Photo: Getty Images

Investments managed by HBOS, Fidelity and Jupiter have been branded some of the worst-performing in the UK, with billions of pounds languishing in their so-called dog funds.

According to a twice-yearly list compiled by online investment platform Bestinvest, three products offered by Lloyds Banking Group brands HBOS and Scottish Widows account for 62% of the total £10.7bn sitting in underperforming funds.

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