Defaqto, one of the UK’s most trusted sources of financial product and market intelligence, has identified the top 10 most recommended platform managed portfolio solutions (MPS) by value in Q1 2024.
All change at the top. Having been the sixth most popular MPS investment solution in 2023, the Tatton Core Active solution, now finds itself the most recommended in Q1 2024, closely followed by its stablemate the Tatton Core Balanced solution. The highest new entrant is Timeline Tracker 50, whilst the most recommended solution in 2023 has dropped four places to fifth. Overall, the first quarter of 2024 has seen four new entrants appear, with the two most notable climbers in respect of positions from end of 2023 being Rockhold Active Adventurous and Albemarle ASPIM Growth 6 solutions.
The data is drawn from Defaqto Engage; the adviser research software used by more than 30% of advisers in the UK to help their clients make smarter financial decisions. It depicts the most popular managed portfolio solutions chosen through the research software, by a representational cross section of the UK financial adviser market, excluding recommendations made by vertically integrated distribution networks.
Andy Parsons, Insight Manager (Funds & DFM) at Defaqto, commented:
“As the table clearly shows, there are a variety of investment solutions being chosen across a multitude of varying styles and risk levels. Leading the way is Tatton with three solutions in the top 10, whilst the likes of Brewin Dolphin and Timeline are represented twice.
“In an advisory world, where time is becoming an even scarcer resource, due to an ever-increasing regulatory workload, clients rightly expect investment solutions that deliver in terms of associated risk, performance, and cost. Advisers are understandably seeking out investment solutions where all the tough challenges of asset allocation, geographical and sector preference, growth versus value and mega cap versus small is done for them.
“The expansion of the MPS arena will undoubtedly continue throughout 2024 and its important that advisers are assisted in their decision making, due diligence and comparisons of potential solutions.”
Defaqto Engage consolidates all the information advisers need into one software solution, providing a comprehensive holistic service. It gives advisers the power to model a client’s financial objectives, capture risk profiles, conduct investment research, and oversee client reviews – all from one place.
Powered by Defaqto’s data, including more than 18,000 funds, 2,700 DFM MPS portfolios, platforms and products, Defaqto Engage is recognised by advisers as a trusted source of financial product and market intelligence. Recommendations of £43bn annually go through the system.
More information about Defaqto Engage can be found at www.defaqto.com/solutions/engage
