Defaqto, one of the UK’s most trusted sources of financial product and market intelligence, has announced the winners of the inaugural Defaqto MPS Comparator Awards.
Following the recent launch of Defaqto’s MPS Comparator, the Awards recognise the most consistently strong performing MPS solutions. MPS is the fastest growing part of the investment market, and Defaqto is a leader in MPS analysis given its depth and breadth of coverage underpinned by its industry-leading MPS dataset.
The top performers for 2024 have been named across five MPS Comparator cohorts: Defensive; Cautious; Balanced; Growth; and Adventurous. Each Comparator has five awards: an overall winner – the most consistent performing portfolio; and four highly commended winners – the next four most consistent performing portfolios in the respective cohort.
The Awards are based on 5 years discrete risk-adjusted performance measures, with only those portfolios which have submitted real investment performance being eligible.
The 2024 winners are:
Comparator: Defensive
| Winner | Rivers Cautious Portfolio |
| Highly Commended | Ascencia Safety First 2Waverton Conservative PortfolioAscencia Safety First 3Waverton Defensive Portfolio |
Comparator: Cautious
| Winner | Credo MAP Core 45/55 |
| Highly Commended | Rivers Balanced PortfolioWaverton Cautious PortfolioCredo MAP Core 60/40Quilter WealthSelect Managed Blend 6 |
Comparator: Balanced
| Winner | Fundhouse SRI Global Growth |
| Highly Commended | Fundhouse SRI Global BalancedWaverton Balanced PortfolioCredo MAP Core 70/30Rivers Adventurous Portfolio |
Comparator: Growth
| Winner | Waverton Growth Portfolio |
| Highly Commended | PAM Aggressive Portfolioebi Vantage Earth 80Quilter WealthSelect Managed Blend 9Quilter WealthSelect Managed Active 9 |
Comparator: Adventurous
| Winner | Tatton Managed Global Equity |
| Highly Commended | Tatton Tracker Global EquityTatton Core Global EquityQuilter Cheviot Global Growthebi Vantage Earth 90 |
John Milliken, CEO at Defaqto, said: “Everyone in the industry is talking about MPS, so we’re very excited to share this new insight and publicly recognise top-performing providers. With many products in the market, congratulations to the providers who have been awarded this year.”
Andy Parsons, Insight Manager for Investments at Defaqto, added: “Our methodology is linked to the release of our MPS Comparator tool. We have computed the leading models, per peer group, on a risk adjusted, 5-year discrete net, performance basis, as at the end of March 2024.
“The Awards are at individual platform MPS portfolio level and to aid the selection process, we identified the most consistent MPS portfolios within each Comparator based on a variety of quantitative data measurements. The results were then assessed and reviewed by the Defaqto Investment Committee, and the top performers rewarded with ‘Winner’ and ‘Highly Commended’ awards.”
To meet Consumer Duty requirements, both advisers and providers need to ensure their clients receive value for money. But until now, there has been no appropriate or compliant way to accurately assess, compare or showcase the cost and performance of MPS portfolios. Defaqto’s MPS Comparator changes this. It uses a variety of metrics to compare MPS portfolios with similar characteristics, helping advisers identify the most suitable products for their clients in a growing market.
Defaqto’s DFM coverage spans over 120 DFMs and around 2,700 portfolios, providing data such as performance, fees, and asset allocation. Along with the launch of MPS Comparator, Defaqto now also updates MPS performance data monthly, providing the most up-to-date consolidated view available in the market.
MPS Comparator is available for advisers and providers, and it will be available in Defaqto Engage soon. For more information visit: https://www.defaqto.com/mps-comparator
