We deal with a parabolic equation having a diffusion coefficient depending on a nonlocal quantity. We investigate the convergence of the solution towards a steady state, extending previous results obtained by [M. Chipot and B. Lovat (1999). On the asympotic behaviour of some nonlocal problems. Positivity, 3, 65-81]. Using the dynamical systems point of view, we are able to treat the case of a continuum of steady states.