Liontrust's assets under management are to climb above £4bn imminently after the group won a £320m UK equity income mandate.
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The PIMCO Total Return bond fund shed a net $23.5bn in September, latest figures show, as outflows accelerated following Bill Gross' departure.
The current 55% tax duty payable when pension funds are passed on after death is set to be axed under this government, George Osborne has announced.
Famed fixed income investor Bill Gross is leaving PIMCO, the company he co-founded, to join global investment house Janus Capital Group.
Neil Woodford has criticised his own industry for charging customers too much and paying managers too high a price for tracker-style performance, in an interview with the BBC.
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Neptune Investment Management's profits before tax fell by over 40% in 2013, against a backdrop of falling assets under management, as headwinds continued to impact its global investment approach.
Aegon has launched a High Income fund intended to help investors take advantage of pension freedoms coming announced in the Budget.