Mark Little, an associate director in the discretionary sales team at Henderson Global Investors, is set to leave the company.

Charles Hepworth, investment director in charge of the DFM proposition at GAM, is selling his stake in Standard Life Investments' Global Absolute Return Strategies (GARS) fund on size concerns.

Bill Gross' Pimco Total Return fund has lost its position as the largest mutual fund in the world after investors pulled over 13% of assets from the fund since the summer.

European equity funds focusing on value stocks have posted almost double the returns of their growth-oriented rivals this year, as cyclical companies and the European periphery outperform quality growth plays.

Aberdeen Asset Management could cut 150 jobs if the deal to acquire Scottish Widows Investment Partnership (SWIP) goes ahead, according to reports.

Charles Hepworth, investment director in charge of the DFM proposition at GAM, has revealed five new additions and fund switches in the group's model portfolios.

Polar Capital has launched a global biotechnology fund for recent hire David Pinniger, as it seeks to build on its formidable reputation in the space.

Alliance Trust has suffered a slowdown in returns in the third quarter which it said was due to its high allocation to US equities.

Scott Jamieson's Kames Inflation Linked fund is set to change its benchmark and investment objective, and will move from the IMA Mixed Investment 0%-35% Shares sector to the Specialist sector.

Angus Tulloch and Martin Lau, managers of the Scottish Oriental Smaller Companies trust, have bagged a performance fee of £1.7m over the year to the end of August.