Fairstone, FE and Wellian fastest growing DFMs in 2020
Morningstar and Quilter Cheviot MPS assets decline
Report on the latest trends in the MPS space
Fairstone, FE Investments and Wellian Investment Solutions were the fastest growing discretionary fund managers (DFMs) over the past year, growing total assets in model portfolios by 68%, 49% and 46% respectively, according to a report from NextWealth.
The research found that the three firms now have £850m, £3.1bn and £285m in model portfolio AUM respectively and suggests "Fairstone and Wellian growth is fuelled by consolidation and FE's is a result...
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