Quarterly ranking identifies top segregated accounts, managed accounts and managed ETF strategies
NEW YORK, May 23, 2022 /PRNewswire/ — Zephyra subsidiary of Informa plc (LSE: INF), and a recognized leader in investment management technology for wealth managers and advisers, has released its highly anticipated Q1 2022 PSN Best Pistols List top-performing segregated accounts, managed accounts and managed ETF strategies. The list remains one of the most important references for investors and asset managers.
“PSN Top Guns offers an important perspective on the market and strategies,” says Margaret Tobiasen, SVP of Data Distribution at Zephyr who cites PSN’s pioneering efforts as the first SMA database as the reason for the list’s popularity. “Each quarter brings invaluable insights and often showcases strategies that might otherwise be overlooked.”
Ryan NaumanMarket Strategist for Zephyr, provides an overview of each quarter of PSN Best Pistols List. For PSN Top Guns Q1 2022, Nauman says “global financial markets are hitting a roadblock” and explains why below.
“The first quarter of 2022 will be remembered Russia surprising invasion of Ukraine end of February. The horrific human implications rippled through global equity markets as the MSCI World Index ended the quarter down -5.04% while bonds (Bloomberg Barclays Global Aggregate -6.16%) did not bring no comfort to investors. Meanwhile, prices of commodities such as oil, gas and wheat have surged, contributing to the continued rise in inflation. In its attempt to rein in four-decade high inflation, the Federal Reserve (Fed) began to withdraw its accommodative policies.
“The quarter started very badly for US stocks, with the S&P 500 index falling -5.17% in January on fears that the Fed could tip the domestic economy into a recession due to its aggressive tightening policies. Despite the uncertainty, the S&P 500 index ended the quarter with a return of +3.71% in March, resulting in a return of -4.60% for the quarter. Ukraine and the resulting penalties for Russia, managers overweight in energy outperformed as oil prices surged, and the energy sector returned +39.03% (S&P 500 Energy Sector). The only other sector to end the quarter in the green was the defensive utilities sector (S&P 500 Utilities Sector +4.77%). Here are some of the strategies that make up the PSN Top Guns High Value Universe.”
- Miller/Howard Investments, Inc.: Miller/Howard Infrastructure: (+8.8% for the quarter)
- Federated Hermes, Inc.: Fed Hermes Strategic Value Dividend (+7.4% for the quarter)
- JP Morgan Asset Management: JPM US Large Cap Value (+6.9% over the quarter)
“Eurozone equities, as measured by the MSCI Europe ex UK index, fell -9.81% in the quarter, with the region closely tied to Ukraine and Russia while being heavily dependent on Russian oil and gas. In addition to concerns about the unrest in Eastern Europe, inflation continued to rise. The European Central Bank announced that it would end its bond purchases by the end of September and hinted that the first interest rate hike could come later this year. Meanwhile, strategies exposed to commodity-rich Latin America (MSCI EM Latin America +27.33%) benefited as other countries looking for substitutes for Ukrainian and Russian commodity exports turned to Latin American countries like Brazil. The following strategies have made PSN Top Guns List for the Emerging Markets Universe.”
- MFS Investment Management: MFS Latin America Equities: (+27.9% for the quarter)
- abrdn plc: Latin American equities (+25.4% over the quarter)
- T Rowe Award: Latin America Equity Strategy (+22.2% over the quarter)
“High inflation for four decades and expectations that the Fed will raise interest rates to as much as 2.5% by the end of the year have pushed fixed income securities, especially maturities to long term (Bloomberg Barclays US Long Government/Credit -10.95%), in a The Fed increased its key interest rates by 25 basis points during the quarter and became more hawkish by signaling quantitative tightening and “More rate hikes are coming this year. As a result, Treasuries had one of their strongest sell-offs in recent memory. 10- Treasury yields rose from 1.51% to 2 .35%, while the 2-year yield rose from 0.73% to 2.33% Below are some of the strategies that make up the PSN Top Guns Short Maturity Universe.”
- Putnam Investments: Putnam Stable Value (+0.6% for the quarter)
- Invesco: stable value (+0.4% over the quarter)
- Morley Capital Management, Inc.: Morley Separate Account Composite (+0.4% for the quarter)
Through a combination of PSN’s proprietary performance screens, the PSN Best Pistols List ranks products into six exclusive categories in more than 50 universes based on continuous performance over time. The full list and an overview of the methodology are available at https://psn.fi.informais.com/login.asp under the “Products & Services” tab. If you do not have a login, you can register for free access.
For nearly four decades, NHP has been a leading resource for investment professionals. Asset managers rely on Zephyr’s PSN to efficiently reach institutional and retail investors. Over 2,800 companies, 285 universes and over 21,000 products make up the PSN SMA database showing asset allocation, compliance, key personnel, ownership diversity, ESG, business objectives and strategy , style, fees, GIC sectors, fixed income ranges and full holdings. Unique to PSN is its strong historical database of nFirst 40 years of data, including returns net and gross of fees. For more details on the methodology behind the PSN Top Guns rankings where to buy PSN Top Guns reports, contact Margaret Tobiasen to [email protected]. To visit PSN online to learn more.
Zephyr’s award-winning financial services allows wealth managers and advisors to fully manage clients’ investment objectives. The platform consistently earns high scores among users for its ease of use with valuable tools including showcase hub, portfolio proposal generation, performance measurement, asset allocation modeling , research, analysis and ESG ratings and assessments. The ability for clients to customize communication tools to create professional proposals and presentations provides significant value to advisors in conveying investor strategies and success. To visit financialintelligence.informa.com to learn more about Zephyr or to request a demo or 14-day free trial on the Zephyr platform.