Two-thirds of managed portfolio launches now on adviser platforms - Defaqto

Rather than direct with discretionary manager

Hannah Godfrey
clock • 1 min read

The launch of platform-hosted managed portfolio services (MPSs) has exceeded those with discretionary manager custody over the past five years, according to Defaqto.

The financial information business said it had registered 42 new platform-hosted MPS offerings in that period, compared with 24 discretionary custody solutions. Defaqto insight analyst - funds and DFM Fraser Donaldson (pictured) attributed the trend largely to price, pointing out the platform option is cheaper for both advisers and their clients. He said: "In general, discretionary managers range from providing a premium, bespoke service to a gradually less individually-driven one. The MPS is a viable and good solution for a lot of people, but you don't have the level of personalisati...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Managed

Neptune manager exits after double fund closure

Now shut around a third of fund range

Natalie Kenway
clock 14 January 2016 • 1 min read

How to use derivatives in portfolios

How to use derivatives in portfolios

Adam Rudd
clock 08 October 2014 •

Fund managers 'making millions from stock lending'

Fund groups are making millions of pounds by lending out client money to speculators, new research from wealth manager SCM Private has claimed.

clock 01 September 2011 •