How to know when it is time to sack your fund manager

UK fund manager veteran Nick Train has apologised for the 'poor performance' of his Finsbury Growth & Income Trust. Here is how to check if his and other struggling portfolios get back on track?

Man in suit holding box
(Image credit: Getty Images)

It’s been a tough period to be an investor in UK equities as home-grown stocks continue to underperform their international peers.

The FTSE 100 may have reached an all-time high in recent weeks but many UK-focused funds have been underperforming their benchmarks over longer periods.

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Marc Shoffman
Contributing editor

Marc Shoffman is an award-winning freelance journalist specialising in business, personal finance and property. His work has appeared in print and online publications ranging from FT Business to The Times, Mail on Sunday and the i newspaper. He also co-presents the In For A Penny financial planning podcast.