Top fund managers, capable of delivering the highest alpha level for investors, achieved the greatest degree of outperformance in the IMA Global Bond and Global Emerging Markets sectors over the past year.

Schroders has recorded a £2.3bn net retail inflow in the second quarter of the year, as the asset manager's strong start to 2009 continues.

F&C Asset Management has reported a £8.7m after tax loss for the first six months of the year, with strong currency movements contributing to a £10.3bn fall in AUM.

St.James's Place will replace the management on its £414m UK and General and £388m Greater European funds.

Investec plc has announced plans to issue up to 22m new ordinary shares in efforts to repurchase its debt at a discount.

Royal London UK Mid-Cap Growth trust manager Leigh Himsworth is set to leave the firm in the autumn to join Gartmore.

Henderson Global Investors has appointed Mark Carpenter as head of its property funds, replacing Roger Dossett who will leave the firm later in the year.

Friends Provident has ended discussions with Resolution after rejecting yet another takeover proposal by the Clive Cowdery-led group.

Ignis has terminated Maia multi-manager joint venture after the boutique was only able to raise approximately £10m of external money.

Aberdeen has completed the final closing on its Credit Suisse acquisition, creating a £133.1bn asset manager.