Jessica Tasman-Jones

Jessica Tasman-Jones is an investment reporter for Money Marketing and deputy editor of Money Marketing’s sister title, Fund Strategy. She can be reached on or 020 7970 4186


Retail investors stick by Woodford through difficult 2017

Retail investors have stuck by Neil Woodford in 2017 despite several multi-managers pulling money from the star fund manager. The Woodford Equity Income fund was the second most popular with Bestinvest retail investors, although Fundsmith Equity was the “clear and decisive winner” when it came to inflows via the investment platform, says managing director Jason […]


Bank of England to explain inflation rise in Treasury letter

Inflation has delivered an unwelcome Christmas surprise for households, investors and the Bank of England as figures released today defy the consensus the UK consumer price index had peaked at 3 per cent. Bank of England governor Mark Carney will have to write to Chancellor Philip Hammond as the inflation figure hits 3.1 per cent […]


US investors could dump stock on Republican tax reform

The Republican tax plan could see US retail investors dump stock as they lose their ability to choose which shares to sell to reduce a position. Asset managers have lobbied to be exempt from the requirement to sell shares on the “first in, first out” (Fifo) basis, the Wall Street Journal reports. However, retail investors would lose […]

What were the best funds and sectors in 2017?

China and UK smaller companies are among the funds that have led performance in 2017, while absolute return continues to have a poor run and index linked gilt funds disappointed. Polar Capital UK Absolute Equity was topping performance for the year, returning 47.6 per cent to the period ended yesterday, while Old Mutual UK Smaller Companies Focus […]


Diversity and pay under spotlight in new UK corporate governance rules

UK-listed companies face tighter rules around executive pay, diversity and shareholder votes under a shake-up of the UK Corporate Governance Code. The Financial Reporting Council released its proposed changes to the code today in response to a Government green paper released late last year. The FRC says boards need to be more specific about actions […]


Asset managers fail to promote women despite performance

Women in the US fund management industry fail to get promoted at the same rate as their male counterparts regardless of performance, according to new academic research from the University of California. Researchers at the Graduate School of Management at Davis chose fund management to assess the role gender plays in workplace promotions because of […]


Woodford: Market bubble warning signs are flashing red

Neil Woodford says monetary policy is driving a global stock market bubble and there are “so many lights flashing red” he can’t keep count. Woodford lists Bitcoin going through $10,000, European junk bonds yielding less than US Treasuries, historic low levels of volatility or triple-leveraged ETFs attracting gigantic inflows among the worrying signs. “Ten years on […]

Yellen raises debt concerns on US tax reform

Janet Yellen has criticised US tax reform plans arguing they will add to surging public debt and income inequality. The outgoing chair of the US Federal Reserve told the Joint Economic Committee on Wednesday that the country’s surging debt should be keeping Americans up at night, the Financial Times reports. Donald Trump’s tax reform package is currently […]

Fidelity defends 2% outperformance ceiling on new fees model

Fidelity International has defended its 2 per cent ceiling for outperformance in its new performance fee charging model, arguing it does not encourage index hugging and instead represents a material deviation from the benchmark. Fidelity yesterday revealed the details of its variable management fee model, a typeof fulcrum fee, which it first revealed it was adopting […]


Old Mutual’s Quilter launches Aim portfolio

Quilter Cheviot is joining with OMGI to launch a discretionary tax-advantageous Aim portfolio. The Quilter Cheviot Aim strategy service will be overseen by chief investment strategist Alan McIntosh alongside OMGI head of UK mid and small cap equities Dan Nickols. Quilter Cheviot and OMGI are both owned by Old Mutual, but the latter is currently in the […]


Cavendish brings Investec stock broker in-house

Cavendish Asset Management has swiped its Investec Wealth & Investment stock broker for an in-house role to ensure best practice for trade execution ahead of Mifid II. Nick Burchett has worked with Cavendish UK equities fund manager Paul Mumford for two decades as head of dealing for Investec. He now becomes Cavendish’s manager of UK […]

The Week Ahead: Cyber Monday and US GDP growth

Monday 27 November Cyber Monday Tuesday 28 November Bank of England’s financial stability report US Consumer Confidence – Conference Board Last month, the index was at a near 17-year high, and was consistent with a 6 per cent annualised growth in consumer spending. “This index has proven to be a good guide in the past, […]