Asset Management

Baillie Gifford, Fundsmith, Lindsell Train named on £95bn ‘dog funds’ list

The number of equity funds that have failed to beat their benchmarks over three years has surged by 170% since August

Major fund managers feature on a list of poorly performing so-called dog funds
Major fund managers feature on a list of poorly performing so-called dog funds Photo: Getty Images

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Baillie Gifford, Fundsmith, St James’s Place and Lindsell Train have been named in a twice-a-year ranking of underperforming equity funds.

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