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U.S. Equities Cap Off a Strong Year with a Solid Fourth Quarter
NEW YORK, Feb. 26, 2025 /PRNewswire/ -- Zephyr, a subsidiary of Informa plc (LSE: INF), and a recognized leader in asset and wealth management software has released its highly anticipated PSN Top Guns List for Q4 2024. The list is an important reference for plan sponsors, investors and asset managers, showcasing the best performing separate accounts, managed accounts and managed ETF strategies each quarter.
"The final quarter of 2024 was defined by both volatility and resilience, success in these markets required relentless effort, rigorous research, and disciplined execution," says PSN Product Manager Nick Williams. "PSN Top Guns recognizes the top managers and teams whose expertise continues to drive the growth of SMAs amid today's complex and rapidly evolving market conditions."
Asset and wealth managers use Zephyr's PSN to connect with institutional and retail investors. The PSN SMA database includes over 2,800 firms, 285 universes, and more than 21,000 products, detailing asset breakdowns, compliance, key personnel and more. PSN's unique feature is its extensive historical database, offering nearly 40 years of data, including net and gross-of-fee returns.
Zephyr's Market Strategist Ryan Nauman evaluated this quarter's PSN Top Guns list and noted, "Despite the Federal Reserve (Fed) implementing two 25 basis point cuts during the quarter, the Bloomberg U.S. Aggregate index fell -3.06% as inflation remained sticky and the Fed signaled it may not cut interest rates as aggressively as markets hoped."
Nauman reviewed three universes for this quarter. Below are some of the strategies that make up the PSN Top Guns Large Growth Universe.
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Morgan Stanley Investment Management: Advantage (+20.4% for the quarter)
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Barton Investment Management, LLC.: Barton Focused Growth (+20.2% for the quarter)
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Lord, Abbett & Co., LLC.: Growth Equity (+13.6% for the quarter)
The following strategies made the PSN Top Guns list for the Japan Universe.
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Goldman Sachs Asset Mgmt.: Japan Strategic Equity (+5.0% for the quarter)
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GMO: GMO Usonian Japan Value Strategy (+4.9% for the quarter)
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T. Rowe Price: Japan Equity Strategy (-0.7% for the quarter)
Below are some of the strategies that make up the PSN Top Guns High Yield Universe.
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Arena Capital Advisors: Arena Strategic Short Duration High Yield Composite (+5.8% for the quarter)
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Loomis, Sayles & Company, L.P.: Opportunistic Securitized Credit (+5.1% for the quarter)
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Pacific Income Advisors, Inc.: High Yield (+1.8% for the quarter)