Zephyr, a subsidiary of Informa plc (LSE: INF), and a recognized leader in investment management technology for wealth managers and advisors, has released their highly anticipated PSN Top Guns List for Q3 2022. The list provides the best performing separate accounts, managed accounts, and managed ETF strategies and serves as an important reference for investors and asset managers.
“Unsurprisingly, market challenges accelerate interest in different investment vehicles. SMAs continue to be an attractive option for many investors,” says Margaret Tobiasen, Senior Vice President, Data Distribution for Zephyr’s PSN.
“Despite the risk off sentiment, small caps (Russell 2000 index -2.19%) outperformed large caps (Russell 1000 index -4.61%) while growth stocks (Russell 3000 Growth -3.37%) outperformed value stocks (Russell 3000 Value -5.56%),” said Zephyr’s Market Strategist, Ryan Nauman. “While the quarter was very trying for many asset classes, the small cap growth asset class was able to withstand the volatility and finish the quarter up +0.24% (Russell 2000 Growth).”
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Below are some of the strategies that make up the PSN Top Guns Small Cap Growth Universe:
- Next Century Growth Investors, LLC.: Small Cap Growth (+9.6% for the quarter)
- Granahan Investment Management, Inc.: Small Cap Focused Growth (+9.6% for the quarter)
- Silvercrest Asset Mgmt. Group LLC: U.S. Small Cap Opportunity (+4.6% for the quarter)
“The tighter monetary policies, rising inflation and ongoing energy crisis resulted in increased fear for the economic growth outlook in the Eurozone,” says Nauman.
The following strategies made the PSN Top Guns list for the EAFE Universe:
- Julex Capital Management, LLC: Julex Dynamic Developed Markets (+0.3% for the quarter)
- Fiduciary Mgmt., Inc. of Milwaukee: FMI International Equity Composite (-4.0% for the quarter)
- Burgundy Asset Management Ltd.: Burgundy EAFE Equity (-5.6% for the quarter)
“The climb in yields was also evident in corporate debt as the steep sell off in corporate bonds continued as the Bloomberg U.S. Aggregate index fell -4.75% during the quarter,” added Nauman.
Below are some of the strategies that make up the PSN Top Guns High Yield Universe:
- L&S Advisors, Inc.: High Yield Fixed Income (+3.0% for the quarter)
- Allspring Global Investments: U.S. Short-Term High Yield Fixed Inc (+1.5% for the quarter)
- Penn Capital Management: Penn Capital Ultra SD Corp Inc (+0.9% for the quarter)
SOURCE: PR Newswire