Tatton has topped the list of the 10 most recommended platform managed portfolio solutions by value during the second quarter, according to Defaqto Engage.
Tatton Core Active took first place, with a 14.3% share of the top ten, followed by Tatton Core Balanced, which accounted for 13.7% of the total share.
Brewin Dolphin MPS Balanced portfolio climbed four places to third place, while Quilter WealthSelect Managed Blend 6 climbed 11 places to come in fourth.
In contrast, both AJ Bell Passive MPS 4 and Timeline 0.15% Tracker- 50 dropped to fifth and sixth place.
Rockhold 50% Active 50% Passive Balanced Growth, Tatton Ethical Balanced and Quilter WealthSelect Managed Active 6 also featured in the top 10.
Andy Parsons, insight manager at Defaqto, said Tatton continues to lead the way with advisers, with its ethical solution “defying” those who felt ESG was no longer a talking or investing point.
“For MPS managers and advisers, 2024 was undoubtedly going to be a year like no other given geo-politically the number of global elections and the simple fact that around half the world’s population would be voting.
“For many, Q2 was dominated by the sudden and unexpected announcement of the UK election, catching many people out; most certainly not what the markets had been predicting and the ongoing continuing wait for the anticipated interest rate cuts, albeit these seem to have moved even further out into 2024 now.”
Parsons said that as the one year anniversary of Consumer Duty approaches, the scrutiny and impact of ensuring that clients are receiving value for money and products are delivering expected returns has never been so important.
“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 has and will undoubtedly continue throughout 2024 and it’s important that advisers are assisted in their decision making, due diligence and comparisons of potential solutions,” he added.
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