UK - Standard Life Investments' assets under management jumped 15% to £11bn during the first six months of this year.
It said mandate wins from pension funds – including a £220m segregated property brief from the South Yorkshire Pension Fund – was one of the key reasons for the rise.
Chief executive Sandy Crombie said: “Standard Life Investments has continued to build on its record of excellent performance in difficult market conditions.
“The consistency of our track record and our strategy of globalising both the investment process and the business ensures that we are well on course to realising our ambitions.”
The firm is looking to expand internationally beyond its current UK, US, Canadian, Irish and Hong Kong operations.
The Pensions and Lifetime Savings Association (PLSA) has announced it will shrink its board by more than one-third as part of a governance overhaul to make it "agile and more appropriate".
Smaller FTSE 350 defined benefit (DB) schemes were nearly 15 percentage points less well-funded than larger schemes in 2017, according to a Goldman Sachs Asset Management (GSAM) analysis.
The advent of collective pension systems could help the UK avoid demographic challenges which will make it "impossible" for society to help savers in retirement, experts say.