Aberdeen

Multi-managers are continuing to turn to commercial property as they seek to combine capital growth with new income streams.

Some of the UK's biggest wealth managers are turning positive on emerging markets as months of poor performance and outflows begin to reverse.

The UK has seen a sharp drop in new fund launches at the start of 2014, attributed to administration backlogs, pricing overhauls and Neil Woodford's forthcoming new venture.

Aberdeen is to implement "significant" additional cost savings after emerging market woes saw it suffer £3.9bn in net outflows for the first two months of 2014.

The Big Question

The Financial Conduct Authority has approved Aberdeen Asset Management's acquisition of Scottish Widows Investment Partnership (SWIP).

Skandia is poised to shake up the managed portfolio market with its suite of cut-price model funds, as the first look at WealthSelect reveals half the restricted range is priced at less than 60bps.

THE BIG QUESTION

QUICKFIRE Q&A

Aberdeen's head of emerging market debt has halved currency exposure in his fund after emerging currencies failed to deliver the returns he expected in 2013.