Nearly 150 funds with £34bn in AUM featured in Chelsea Financial Services’ latest ‘Redzone’ update, having produced either third or fourth quartile returns over each of the past three discrete years.
Drilling down further, however, the firm’s ‘Dropzone’ names and shames the funds and managers in the Redzone that have also underperformed their sector averages by the most over the cumulative three years to 30 April.
