Defaqto buys fund research and ratings agency RSMR

Data provider Defaqto, owned by SimplyBiz parent Fintel, has conditionally acquired fund ratings and research agency RSMR for an undisclosed amount, subject to regulatory approval.


Defaqto reveals top MPS performers

Data provider Defaqto has named the UK’s top performing Managed Portfolio Services (MPS) in its inaugural Defaqto MPS Comparator Awards.

The new awards are designed to identify “consistently strong” MPS performance based on five years of discrete risk-adjusted measures.

The Defaqto MPS Comparator, launched recently, compares like for like portfolios.

The top performers for 2024 have been named across five MPS Comparator cohorts: Defensive; Cautious; Balanced; Growth and Adventurous. The overall winners across the Comparator cohorts were Rivers, Credo, Fundhouse, Waverton and Tatton (see below).


Each Comparator has five awards: an overall winner (the most consistent performing portfolio) and four highly commended winners (the next four most consistent performing portfolios in the respective cohort).

Only those portfolios which provided real investment performance were eligible.

The 2024 winners are:

Comparator: Defensive


Rivers Cautious Portfolio

Highly Commended

Ascencia Safety First 2

Waverton Conservative Portfolio

Ascencia Safety First 3

Waverton Defensive Portfolio

Comparator: Cautious


Credo MAP Core 45/55

Highly Commended

Rivers Balanced Portfolio

Waverton Cautious Portfolio

Credo MAP Core 60/40

Quilter WealthSelect Managed Blend 6

Comparator: Balanced


Fundhouse SRI Global Growth

Highly Commended

Fundhouse SRI Global Balanced

Waverton Balanced Portfolio

Credo MAP Core 70/30

Rivers Adventurous Portfolio

Comparator: Growth


Waverton Growth Portfolio

Highly Commended

PAM Aggressive Portfolio

ebi Vantage Earth 80

Quilter WealthSelect Managed Blend 9

Quilter WealthSelect Managed Active 9

Comparator: Adventurous


Tatton Managed Global Equity

Highly Commended

Tatton Tracker Global Equity

Tatton Core Global Equity

Quilter Cheviot Global Growth

ebi Vantage Earth 90

Source: Defaqto 

John Milliken, CEO at Defaqto, said: “Everyone in the industry is talking about MPS, so we’re very excited to share this new insight and publicly recognise top-performing providers. With many products in the market, congratulations to the providers who have been awarded this year.”

Andy Parsons, insight manager for investments at Defaqto, said: “Our methodology is linked to the release of our MPS Comparator tool. We have computed the leading models, per peer group, on a risk adjusted, 5-year discrete net, performance basis, as at the end of March 2024. 

“The awards are at individual platform MPS portfolio level and to aid the selection process, we identified the most consistent MPS portfolios within each Comparator based on a variety of quantitative data measurements. The results were then assessed and reviewed by the Defaqto Investment Committee, and the top performers rewarded with ‘Winner’ and ‘Highly Commended’ awards.”

Defaqto’s DFM coverage reviews over 120 DFMs and around 2,700 portfolios, providing data such as performance, fees, and asset allocation. Defaqto updates MPS performance data monthly. 

MPS Comparator is available for advisers and providers and it will be available soon on Defaqto Engage, the fintech’s Financial Planning suite.

Defaqto is owned by Fintel which also owns SimplyBiz.


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Defaqto unveils new MPS comparison tool


Fintech and data provider Defaqto has today launched a new tool to provide comparisons between Managed Portfolio Services (MPS) and is also updating its MPS performance data monthly from now on.

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