Accessing MPS solutions via adviser platforms grows in popularity

According to its annual discretionary fund manager (DFM) Satisfaction Study, over two-thirds of advisers access an MPS via an adviser platform. Meanwhile, just over half use MPS direct and just under half utilise the bespoke service. Of those advisers that do make use of a bespoke investment service for their clients, 86% also use an MPS, up from 75% last year. For bespoke investment service users that do not use an MPS (14%), Defaqto found that it is likely that most will be using multi-asset funds or constructing portfolios, on an advisory basis, with single asset funds for clients ...