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 for 2024.
The findings are from Defaqto’s whole of market data which includes more than 18,000 funds, 2,800 DFM MPS portfolios, platforms and products.
It’s official, Tatton Core Active has proven to be the most recommended MPS investment solution in 2024, followed by its stablemate the Tatton Core Balanced solution.
Surprisingly, only four solutions managed to retain their place within the Top 10 compared to the end of 2023, and the other notable change is that unlike 2023, when there were three entries, there is no out and out passive solution within the Top 10.
| Rank | Proposition Name | Position end 2023 | Movement up / down | % Share of Top 10 |
| 1 | Tatton Core Active | 6 | +5 | 17.26 |
| 2 | Tatton Core Balanced | 3 | +1 | 13.68 |
| 3 | Quilter WealthSelect Managed Blend 7 | 27 | +24 | 10.94 |
| 4 | Quilter WealthSelect Managed Blend 6 | 16 | +12 | 10.76 |
| 5 | Quilter WealthSelect Managed Blend 5 | 11 | +6 | 9.04 |
| 6 | Waverton Growth Portfolio | 5 | -1 | 8.40 |
| 7 | Rockhold 50% Active 50% Passive Balanced Growth | 223 | +216 | 7.78 |
| 8 | Tatton Core Aggressive | 34 | +26 | 7.62 |
| 9 | Brewin Dolphin MPS Balanced | 4 | -5 | 7.46 |
| 10 | Quilter WealthSelect Managed Active 6 | 81 | +71 | 7.05 |
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:
“Tatton Core Active led the way all year in the number one spot, whilst two of its stablemates (Tatton Core Balanced and Tatton Core Aggressive) also attained places within the Top 10 in second and eighth places respectively. The most notable new entrants came from the Quilter WealthSelect stable, with four of their solutions represented, and of which three from the ‘Managed Blend’ range found their way into the top five.”
“The only other two solutions that managed to retain a position within the Top 10 from 2023, were Waverton Growth and Brewin Dolphin MPS Balanced.”
“The Rockhold 50% Active 50% Passive Balanced Growth was the most notable riser in terms of places gained, climbing 216 spots to seventh place.”
“It is clear from the changes within the Top 10 that for advisers, 2024 brought a variety of external geo-political and central bank challenges that had to be carefully considered when deciding upon solutions for their respective clients. As we move into 2025, attention and focus will immediately be drawn to the upcoming inauguration of the new US President and what rhetoric and global challenges he will pose in terms of trade tariffs. Aside from the continuing geo-political concerns, especially around the Ukraine conflict and Middle East tension, commentators and industry experts are patiently awaiting the next moves by the Bank of England and Federal Reserve. Both have given clear indications that cuts can be expected – all that remains to be seen, is how many, by how much and when.”
“For advisers, Consumer Duty remains front and centre, alongside the thematic review of ‘Retirement Income Advice’ and ensuring their clients are receiving appropriate advice when considering their income needs in retirement. 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 and transparency of the MPS arena will undoubtedly continue throughout 2025 and it’s important that advisers are assisted in their decision making, due diligence and comparisons of potential solutions. Launched in May 2024, the MPS Comparator within Defaqto Engage provides advisers with a clear and reliable tool that enables comparisons on a like-for-like basis, whether that be looking at performance, cost, asset allocation or risk return.”
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. Recognised by advisers as a trusted source of financial product and market intelligence, recommendations of £50bn annually go through the system.
More information about Defaqto Engage can be found at www.defaqto.com/solutions/engage
ENDS
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About Defaqto
Defaqto is one of the UK’s most trusted sources of financial product and market intelligence, supporting financial institutions, intermediaries and consumers to make smarter financial decisions.
We maintain the UK’s largest financial product database and use proprietary research methodology to develop independent ratings, reviews, insights and technology.
By bringing together product data, technology and consumer insight we are in a unique position to help everyone make smarter, more informed financial choices now, and in the future. And in doing so we hope to raise industry standards, power consumer choice and help the industry meet evolving customer needs.
