Highland Capital Management, LLC announced today it has been named to Nine PSN Top Guns List of best performing separate accounts and managed accounts strategies for Q1 2024 for Highland’s SMIDCAP Core Alpha Strategy and PSN Top Guns List for Core Fixed Income Strategy. The highly anticipated list, published by Zephyr, remains one of the most important references for investors and asset managers.
“We’re proud to announce that Highland Capital Management has been recognized by the PSN Top Guns List for our SMIDCAP Core Alpha and Core Fixed Income Strategies for Q1,” said Steve Wishnia, CEO. “This acknowledgment by PSN, a leading industry authority, highlights our commitment to our clients.”
Highland’s SMID Cap Core Alpha strategy is long only equity strategy designed by Highland’s Quantitative Strategies Team (QST). The team’s core philosophy is that a systematic, repeatable, quantitative strategy can deliver superior investment results. The strategy seeks high active factor exposure to value and momentum; attempting to deliver outperformance by rigorously eliminating threats to capital, quantitatively identifying winners, and disciplined risk management. The benchmark and universe is the Russell 2500 Index.
Highland Capital Management’s SMIDCAP Core Alpha Strategy, a quantitative equity strategy, received the following PSN Top Guns recognitions for the first quarter:
- 4 Stars Small-Mid Core Universe: R-squared of 0.80 or greater relative to the style benchmark for the recent five year period. Moreover, products must have returns greater than the style benchmark for the three latest three-year rolling periods. The top ten returns for the latest three-year period then become the TOP GUNS.
- 3 Stars Small-Mid Core Universe: One of the top ten returns for the three-year period in their respective strategy
- 2 Stars Small-Mid Core Universe: One of the top ten returns for the latest one year period
Highland’s Core Fixed Income Strategy provide clients with safe/stable source of income. The firm’s size is a distinct advantage competing against large allocators of capital. Our portfolio managers can maximize yield while taking nominal duration/credit risk. Highland has been able to capture incremental yield compared to alternatives (bank CDs / money market mutual funds / etc.) Highland can also create tailored portfolios based on client’s liquidity and risk parameters. By investing in a liquid portfolio, our portfolio managers have the ability to add/reduce risk in real time.
Highland Capital Management’s Core Fixed Income Strategy aims to provide clients with a stable source of income and has received the following PSN Top Guns recognitions for the first quarter:
- 6 Stars- All Maturity/Variable Universe:R-squared of 0.80 or greater relative to the style benchmark for the recent five year period. Moreover, products must have returns greater than the style benchmark for the three latest three-year rolling periods. The top ten returns for the latest three-year period then become the TOP GUNS.
R-Squared of 0.80 or greater relative to the style benchmark for the recent five year period. Moreover, products must have returns greater than the style benchmark for the three latest three-year rolling periods. Products are then selected which have a standard deviation for the five year period equal or less than the median standard deviation for the peer group. The top ten information ratios for the latest five-year period then become the TOP GUNS.
About Highland Capital Management
Highland Capital Management has provided investment services to our clients across the country since 1987. Highland takes pride that our clients have the confidence and trust in our investment process and services which has enabled us to serve them for almost three decades. Highland’s team of investment professionals have an average of over 25 years of industry experience and 11 years with Highland. This level of dedication and experience serves to provide cohesion and stability to our organization along with having decades of experience in navigating challenging market environments.
About PSN
For nearly four decades, PSN has been a top resource for investment professionals. Asset managers rely on Zephyr’s PSN to effectively reach institutional and retail investors rely. Over 2,800 firms, 285 universes, and more than 21,000 products comprise the PSN SMA database showing asset breakdowns, 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 robust historical database of nearly 40 Years of Data Including Net and Gross-of-Fee Returns. For more details on the methodology behind the PSN Top Guns Rankings or to purchase PSN Top Guns Reports, contact Margaret Tobiasen at Margaret.tobiasen@informa.com. Visit PSN online to learn more.
