The net asset value of the Fidelity China Special Situations trust rose by 7% on Friday following Chinese e-commerce site Alibaba's record $25bn IPO.
The Investment Management Association made a profit of £188,000 in 2013, reversing losses from 2012, after a significant jump in revenues from membership fees.
Franklin Templeton's Dylan Ball has predicted an equity market rotation to value stocks can continue for another six years at least.
The majority of Scotland has voted to stay as part of the UK, with the 'no' campaign taking 55% of the vote, but how did this look on the ground?
Neptune Investment Management's profits before tax fell by over 40% in 2013, against a backdrop of falling assets under management, after a difficult year for its global investment approach.
Shares in the UK climbed in early trading as investors awaited the result of the Scottish referendum on independence.
An independent Scotland would result in its economy struggling for at least ten years, a poll of leading fund managers has said.
L&G is to merge away its underperforming L&G Equity and L&G UK Active Opportunities funds in mid-November.