Henderson Global Investors is seeking to revamp its "lacklustre" emerging markets range, with plans to strengthen the team and launch additional mandates.
M&G Recovery fund manager Tom Dobell has said his recent poor performance is down to stock selection rather than the size of his fund.
Other large caps may follow Tesco in cutting dividends
Large-cap funds in the UK Equity Income sector have increased the concentration of their top ten holdings even as the UK's largest stocks begin to struggle, data compiled for Investment Week has revealed.
Invesco Perpetual's Global Targeted Returns fund has pulled ahead of its main competitor in its first year of existence, prompting fund buyers to reconsider their options in the absolute return space.
How Prusik Asian Income topped the charts