In its 2024 report, the FIL Funding Companies (UK) board mentioned it’s reviewing potential actions for the Constancy America, Constancy Europe (ex UK) and Constancy Japan funds after they had been discovered to not have demonstrated good worth for traders.
A part of the Constancy Funding Funds IX vary, the three methods all did not outperform their respective benchmarks over a one, three and five-year interval.
The board mentioned it has examined the explanations for underperformance, with every fund’s portfolio managers and the chief funding officer noting plans for “extra oversight” on how m…
