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 jessica.tasman-jones@centaurmedia.com or 020 7970 4186

Meet the manager: Jupiter’s Chatfeild-Roberts on youthful enthusiasm versus experience

Jupiter’s fund-of-funds veteran explains his choice of manager to replace Woodford in his portfolios “In a raging bull market, young fund managers can often generate stellar performance but, on balance, experience trumps youthful enthusiasm.” So wrote John Chatfeild-Roberts in his 2006 book, Fundology. Twelve years later, Jupiter Merlin’s head of strategy on independent funds says […]

Spotlight on charges 700x450.jpg

Fidelity reverses plans to charge clients for research

Fidelity International has reversed plans to charge for research under Mifid II after feedback from clients. The £239bn asset manager revealed it planned to implement a Research Payment Account approach as part of its overhaul of fees, announced in October, when it revealed it was adopting a ‘variable management fee’ model. The RPA approach involves paying for […]

Picture of Russian doll in a cup
2

Divided but conquering? A deep dive into the DFM market

As discretionary fund managers continue to grow in assets and importance in the adviser community, Money Marketing research has cast new light on the market’s impact on planning. More than 400 advisers and paraplanners responded to a Money Marketing survey on the DFM market. Ninety per cent of respondents used at least one DFM and […]

3

Brewin Dolphin advisers’ favoured DFM

Brewin Dolphin has been ranked the preferred DFM in a Money Marketing survey of advisers and paraplanners, well ahead of the next most favoured, Quilter Cheviot. Thirty-three per cent of respondents listed the business as their preferred DFM, followed by 10.2 per cent responding in favour of Quilter Cheviot. LGT Vestra, Brooks Macdonald and Parmenion […]

1

UK looks to align City regulations with EU in Brexit talks

The UK is set to argue the case for “mutual recognition” of financial services rules in Brexit negotiations with the EU, with Chancellor Philip Hammond tipped to endorse the proposals in a speech next week. The Brexit plans, which are reportedly backed by the government and the Bank of England, would provide an alternative “equivalence” […]

Adrian-Grace-speaks-at-Platforum-event-2013-700.jpg
1

Aegon eager to consolidate crowded platform market

Aegon UK’s chief executive says the business could be in line for further acquisitions by the end of the year, as he reflects on one of its top years. The company released its full-year results today, revealing growth in platform assets for the UK business, totalling £117bn at the end of December compared to £7bn at […]

Aegon-Logo-Building-2012-700x450.jpg
1

Aegon assets hit £117bn

Net inflows of £2.1bn in Q4 have taken Aegon’s platform assets to £117bn, its full-year results reveal. In the UK, earnings for Q4 were stable at €23m (£22bn), with life earnings and the protection business in line with earnings from 2016. Full year earnings increased 94 per cent to £109m. Aegon UK chief executive Adrian […]

2

Lloyds pulls £109bn from Standard Life Aberdeen

Standard Life Aberdeen shares fell 6 per cent this morning on news Lloyds is terminating investment management arrangements with the asset manager on £109bn of assets. The Scottish Widows Investment Partnership assets have been pulled because Lloyds sees Standard Life as a rival. Aberdeen Asset Management acquired SWIP in 2014, while Lloyds is the parent […]

Foster Denovo poaches from SJP for London expansion

Foster Denovo has poached from SJP among others as it expands its private client division in London. Nikos Christoforou joins from SJP alongside Dafydd Davies from Fairfax Investment Bank, Olly Yorath from Fairey Associates and Robert Saunders, who has previously worked for Wise Pensions, Leadenhall, and Smith and Williamson. Foster Denovo chief executive Roger Brosch says the firm […]

Business-Handshake-Meeting-Deal-Low-Angular-700x450.jpg
1

Fidelity president jumps ship to US company

Fidelity International president Brian Conroy will soon leave the business for the US company the asset manager was spun out from. Conroy’s role at Fidelity Investments, which is controlled by the same family that owns a large stake in Fidelity International, has not yet been disclosed, but he will be leaving his current role at […]

Pension savings-2015
2

Govt’s plans to tackle pension scams ‘light on detail’

Government plans to combat the increasing pension scam epidemic have been described as “light on detail” by Old Mutual Wealth. The Government’s response to the Work and Pensions Select Committee’s report on pension scams revealed tabling a workable amendment to the Financial Guidance and Claims Bill to ban cold-calling, and then making regulations to introduce the […]