The PSigma Income fund has lost £100m as clients including its largest backer redeemed holdings ahead of Bill Mott's retirement.
Ministers considered selling the government's entire stake in the Royal Mail earlier this year when shares were trading near their peak, but held back after being advised against breaking the terms of a lock-up agreement.
Neptune founder Robin Geffen has increased his holdings in certain sectors in Russia, principally exporters, in the face of the ongoing geopolitical crisis over Ukraine.
Tesco is coming under increasing pressure to slash its dividend in order to free-up cash to help it compete against low-cost rivals, with a leading shareholder speaking out over the weekend and analysts predicting a major cut to its payout.
BlackRock has scrapped the 1% initial charge for intermediaries investing in Alister Hibbert's European Dynamic fund after assets under management fell to a more manageable level.