UK

Friends Life is planning to transfer £24bn worth of segregated mandates from AXA Investment Managers to Aviva Investors, following its takeover by the latter's parent company at the end of last year.

Aberdeen Asset Management is continuing its fund rationalisation process following the acquisition of Scottish Widows Investment Partnership (SWIP) by merging away three more funds.

The conundrum of sector classifications

BlackRock has reduced the ongoing charges figure (OCF) on five of its most popular index funds with nearly £16bn in assets under management.

M&G Recovery fund manager Tom Dobell has said improved stock selection is helping his £4.5bn portfolio regain its poise this year following a period of significant underperformance.

FMYA: Highlights from the night

In pictures: Fund Manager of the Year

What makes a stand-out fund manager?

Boston Consulting Group's annual global asset management report has revealed that retail fund fees in the UK fell by some 10% last year as price pressures began to be felt in the domestic market.

Rapid water consumption caused by population growth in emerging markets is creating opportunities to invest in water-based companies.