Tatton, Quilter Wealth and Timeline will soon emerge as “dominant” managed portfolio service (MPS) players based on net asset growth, according to NextWealth.
Its MPS Proposition Comparison Report found that each firm added more than £3bn in assets in the last year. "Their growth dwarfs that of other discretionary fund managers and points to a potential future dominance of the MPS market," the report stated. Tatton, Quilter and Timeline added a combined £10.7bn in assets in the last year, according to the report. This compares to £14.4bn asset growth for the entire rest of the market. The report read: "This impressive growth comes after each added £1bn in assets in the previous year to Q1 2023." NextWealth predicts that Timeline wil...
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