Data provider Defaqto has named the UK’s top performing Managed Portfolio Services (MPS) in its inaugural Defaqto MPS Comparator Awards.
The new awards are designed to identify “consistently strong” MPS performance based on five years of discrete risk-adjusted measures.
The Defaqto MPS Comparator, launched recently, compares like for like portfolios.
The top performers for 2024 have been named across five MPS Comparator cohorts: Defensive; Cautious; Balanced; Growth and Adventurous. The overall winners across the Comparator cohorts were Rivers, Credo, Fundhouse, Waverton and Tatton (see below).
{loadposition
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).
Only those portfolios which provided real investment performance were eligible.
The 2024 winners are:
Comparator: Defensive
|
Winner |
Rivers Cautious Portfolio |
|
Highly Commended |
Ascencia Safety First 2 Waverton Conservative Portfolio Ascencia Safety First 3 Waverton Defensive Portfolio |
Comparator: Cautious
|
Winner |
Credo MAP Core 45/55 |
|
Highly Commended |
Rivers Balanced Portfolio Waverton Cautious Portfolio Credo MAP Core 60/40 Quilter WealthSelect Managed Blend 6 |
Comparator: Balanced
|
Winner |
Fundhouse SRI Global Growth |
|
Highly Commended |
Fundhouse SRI Global Balanced Waverton Balanced Portfolio Credo MAP Core 70/30 Rivers Adventurous Portfolio |
Comparator: Growth
|
Winner |
Waverton Growth Portfolio |
|
Highly Commended |
PAM Aggressive Portfolio ebi Vantage Earth 80 Quilter WealthSelect Managed Blend 9 Quilter WealthSelect Managed Active 9 |
Comparator: Adventurous
|
Winner |
Tatton Managed Global Equity |
|
Highly Commended |
Tatton Tracker Global Equity Tatton Core Global Equity Quilter Cheviot Global Growth ebi Vantage Earth 90 |
Source: Defaqto
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, said: “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.”
Defaqto’s DFM coverage reviews over 120 DFMs and around 2,700 portfolios, providing data such as performance, fees, and asset allocation. Defaqto updates MPS performance data monthly.
MPS Comparator is available for advisers and providers and it will be available soon on Defaqto Engage, the fintech’s Financial Planning suite.
Defaqto is owned by Fintel which also owns SimplyBiz.