More investment advisers and discretionary fund managers (DFMs) prioritised service and support over investment solution and ESG suitability as a key feature of a good managed portfolio service (MPS) in 2022 than the previous year, according to RSMR’s latest annual adviser survey.
The research found that 56% of the respondents selected service and support in 2022, up from 47% in 2021. In contrast, only 35% selected investment solution suitability in 2022, down from 50% in 2021. Additionally, ESG suitability also appeared to be deprioritised with 23% of the respondents selecting it as a key feature in 2022, down from 31% in 2021. The two most important MPS features cited in the survey this year were performance and costs at 82% and 80% respectively, which matched the findings in 2021 (81% and 81% respectively). The annual adviser survey, released by fund rese...
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