Tilney Bestinvest's 'Dog List' of consistent underperformers has fallen by over a third since January, from 60 funds to 37.
FE Trustnet's head of content Joshua Ausden is to join Neptune Investment Management as head of client investment strategy.
Neptune has promoted Charlie Parker to head of distribution, just over a year after the former journalist joined the fund house.
Neptune's Felix Wintle has described 2014 as a "frustrating" year for performance but has prospered again this year in part due to a zero weighting in "bond proxy" utilities.
Chris Taylor, investment director and head of research, Neptune Investments
Neptune has closed a further two productsin its range, bringing to an end a period of significant fund consolidation and restructuring for the firm.
A new dawn? One year on from Modi's win
Mark Martin, investment director and head of UK equities, Neptune
Neptune UK Opportunities fund