Nine Aberdeen funds have made Tilney Bestinvest's 'dog list' of underperforming funds, as the SWIP acquisition and a US underweight in its global funds dragged on performance.
Neptune's CEO Robin Geffen is refraining from holding any UK equities within his global portfolios due to risks surrounding the upcoming general election.
Neptune is to close its £1.8m China Special Situations and £400,000 Russia Special Situations funds less than three years after the funds were launched.
The Big Question: Are ETFs and tracker funds becoming a bigger threat to active management?
Neptune's Robin Geffen has predicted a further sharp fall in the value of sterling against the dollar as he positions his portfolio for a fresh surge in the US currency.
Neptune Investment Management's head of UK wholesale Adam Hughes has exited the group following a restructure of the business, Investment Week understands.
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.
The US market has confounded some observers this year. After such strong performance in 2013, when the market rose just shy of 30%, many commentators had written the market off or at least condemned it to underperformance in 2014.