Underperforming funds are raking in £463m in fees for asset managers, according to Bestinvest’s latest rankings
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.
News Link from Financial News London: https://www.fnlondon.com/articles/hbos-sjp-and-invesco-shamed-in-45bn-dog-funds-list-20220211
Great article from Hedgeweek on the ever-increasing use by asset managers of outsourced
Firms are betting billions on it, with 30% of businesses expected to have
Counterparties’ ethical credentials are being thrust into the spotlight, putting laggards at risk
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