Spot the Dog: £8.6bn of Schroders-managed funds underperforming

Global equity struggles

Schroders-managed funds comprise the largest group of underperforming products by both assets under management and tally, according to Bestinvest’s biannual Spot the Dog report.

While the largest of the five Schroders own-brand funds stands at £348m (Schroders UK Equity), management of both Scottish Widows and HBOS funds propel the group to the top of the table. The £3.8bn and £1.9bn HBOS UK Growth and UK Equity Income funds are a particularly bitter pill for the group to swallow, having not left the Spot the Dog list once since Schroders took them on in 2018. Scottish Widows Pacific Growth and American Growth have finally left the list, however the two departures were replaced with four arrivals. Mainstays UK Growth and UK Equity Income return to the list af...