Nine Aberdeen funds have made Tilney Bestinvest's 'dog list' of underperforming funds, as the SWIP acquisition and a US underweight in its global funds dragged on performance.
The wealth manager's twice yearly 'Spot the Dog' report names OEICs and unit trusts that have underperformed for three consecutive years, and by more than 10% over a three-year period. A total of 60 funds comprised the list this year, up from 49 in July. The number of Aberdeen funds on the list has grown from one to nine since the last report in July, due in part to its acquisition of SWIP, whose funds previously featured prominently in the report last year. Aberdeen contributed three global funds, two UK funds, one European, and one North America fund to this year's Spot the Dog, ...
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