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The Wells Street Journal: Hidden meanings and monster confusion

Money Marketing’s account of the curious goings-on in the world of financial services from our Wells Street offices

A very hidden meaning 

This picture from the Department for Work and Pensions about workplace savings has confused a number of people on Twitter who aren’t entirely sure what the DWP is trying to get across. Let us know what you think by tweeting your captions to @MM_WSJ

Separated at birth

Moz, the face of John Lewis’ Christmas ads and Workie, the face of auto-enrolment

 Out of Context

“At least one of my daughters would not recognise that person” 

Evestor’s Anthony Morrow notes a dated picture of himself on the Money Marketing website

I’m in danger of losing weight here” 

The Lang Cat’s Mark Polson has to cover some metres during a presentation.

“The question is, why did I wear these socks?” 

Now: Pensions’ Troy Clutterbuck gets philosophical at the PLSA conference.



Nearly £8.5bn in legacy equity income funds underperforms

There is nearly £8.5bn in “drifted” legacy UK equity income funds that have underperformed against the sector over the past decade, research has found. As the fund management industry awaits Mifid II next year, Morningstar has analysed the competitive UK Equity Income sector on behalf of Money Marketing and found about 10 per cent of the sector’s […]


OMGI and Jupiter to change pricing structures across fund ranges

Old Mutual Global Investors and Jupiter are switching from dual pricing to single pricing across their respective fund ranges, while OMGI is also introducing a fixed ongoing charge for its single strategy UK funds. Both firms say the pricing changes follow reviews and are intended to standardise their approaches with the industry. Vanguard and Axa Investment Managers also […]


London asset manager targeted in latest clone scam

Scammers are pretending to have offices in London’s famous Gherkin building as part of their attempts to impersonate a genuine asset manager. The ‘clone’ scam the FCA has highlighted in a website post today involves fraudsters borrowing the name of Wharton Asset Management, which is actually based on Harley Street in London, but forges an […]

European Opportunities: 'It’s nice when stock selection results in a macro tailwind'

Amid significant macro headwinds in August, Mark Page explains why his fund’s focus on stock selection has helped it outperform a falling market in August. BESbswyBESbswyBESbswyBESbswyBESbswyBESbswyBESbswyBESbswyBESbswyBESbswyBESbswyBESbswy


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