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

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Vanguard changes pricing structure on mutual funds

Vanguard says the move follows feedback from platforms Vanguard has changed the pricing structure across its mutual funds to align it with the way costs are calculated among its peers. Funds across Vanguard’s UK and Ireland domiciled fund ranges now use swing pricing rather than single pricing, meaning that if the fund’s investors make large […]

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Robo-adviser Moneyfarm ends zero fees plan for small accounts

Moneyfarm has announced that it will introduce charges where there previously were none for portfolios below £10,000 or above £1m as it ups its pricing in line with other robo-advisers. Fees across all portfolios will either rise or remain the same, with £20,000 to £100,000 and £500,000 to £1m the only invested amounts that will […]

Woodford ups Provident stake as shares double

Neil Woodford has upped his stake in Provident Financial as shares in the consumer credit company double from their August lows. According to a regulatory filing published late yesterday, the star fund manager increased his stake from 19.1 per cent to 20.1 per cent. Provident shares jumped 12 per cent on Friday morning when the […]

Govt to hear advisers can help UK regain impact investing crown

The Government will next month hear that intermediaries have an important role to play in helping investors align their savings, pensions and investments with their values through social impact investing. The Minister for Civil Service and Economic Secretary to the Treasury formed an advisory group on creating a culture of social impact investing last December. […]

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Vanguard fund fees won’t drop from Mifid II decision

It is understood there will be no direct savings for Vanguard investors Vanguard will not be dropping its fund fees despite its decision to absorb research costs under Mifid II. The $4.4trn fund manager led its US rivals on making a decision on research costs in August. But Money Marketing sister title Fund Strategy understands there will be no […]

Leap of faith: Will performance fees restore trust in active managers?

Performance fees are in the spotlight, but will they work for active managers? Fund managers are starting to rethink how they charge as big names take on the competition with new performance-linked models. Last week, Fidelity International announced a radical move to a so-called fulcrum fee, igniting a debate on whether performance-aligned fees could be a […]

Daniel Godfrey cans People’s Trust over lack of demand

Daniel Godfrey’s People’s Trust has announced that it is canning its listing on the London Stock Exchange due to a lack of demand from intermediaries and institutional investors. In a statement, Godfrey said the investment trust had attracted a great deal of interest and support, particularly from retail investors. “There was every indication that had […]

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Nick Train fund hit by squeezed UK consumer

Nick Train’s UK Equity Income fund has been hit by squeezed consumers cutting back on beer. Greene King and Heineken both delivered a hit to the £4.2bn Lindsell Train UK Equity Income fund with the former falling 20 per cent over the month, while the latter was the largest detractor from performance. “The explanation for […]