Tatton, Quilter and Timeline to emerge as 'dominant' MPS players

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...