Valentina Romeo

Valentina Romeo is the head of investment news at Money Marketing. She was previously investment reporter for both Money Marketing and Fund Strategy. She covers a wide range of issues in the asset management industry and financial market trends. She was previously senior reporter at Private Banker International. She can be reached on valentina.romeo@centaurmedia.com or 0207 943 8042.

MEP: Asset managers are making ‘no deal’ Brexit plans

Firms say they will finalise plans to move capital and staff across Europe by Q1 2018 Asset management firms expect to have their post-Brexit contingency plans in place by the first quarter of next year, despite fears of a lack of a deal between the UK and the European Union, a Member of the European […]

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Intrinsic compliance lead departs after just eight months

Intrinsic head of regulatory and conduct risk Sheriden Davy is leaving the firm after just eight months in the role. Davy joined the Old Mutual Wealth-owned network in May, moving from True Potential where he had worked for two years as head of risk and compliance. Intrinsic says Davy is now joining national financial planner […]

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 […]

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Columbia Threadneedle to pay for research under Mifid II

Columbia Threadneedle will pay for its own research under Mifid II as one of the last remaining asset managers to decide their plans announce their intentions. In a note sent to clients and seen by Money Marketing, the global asset manager says it will absorb research costs within the firm’s own accounts, instead of passing commission […]

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‘Overwhelming majority’ of multi-asset funds found to underperform

Many multi-asset funds don’t provide value for money when compared to cheaper alternatives, research from consultancy Finalytiq suggests. The consultancy reviewed 69 risk-rated multi-asset fund ranges consisting of 320 individual funds from 50 asset managers, with a total of £117bn of assets. Fees for these funds range from 0.2 per cent to 2.7 per cent, […]

Jupiter assets near £50bn on fixed income flows

Jupiter Fund Management has reported a 19 per cent increase in assets under management to nearly £50bn, helped by flows into its fixed income funds. In its trading update for the three months to September, published today, the UK money manager saw net inflows at £1.3bn, including £1.2bn of  inflows into its mutual funds across […]

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 […]

Multi-asset drives Premier AUM to record £6bn

Premier Asset Management has reported a record £6.1bn assets under management boosted by continued appetite for multi-asset strategies among investors. In its trading update for the fourth quarter released today, the boutique asset manager says net inflows over the fiscal year to September reached £747m. The firm collected £205m net flows over the last quarter. […]