Core Fixed Income Manager of the Decade All Maturity/Variable Universe Core Fixed Income 5 Stars All Maturity/Variable Universe
Quarterly PSN Top Guns List published by Zephyr identifies best-in-class separate accounts and managed accounts strategies
Highland Capital Management, a subsidiary of Argent Financial Group announced today it has been named again to the celebrated PSN Top Guns List of best performing separate accounts and managed accounts strategies for Q4 2022. The highly anticipated list, published by Zephyr, remains one of the most important references for investors and asset managers.
“With the growing interest in separately managed accounts, the PSN Top Guns List has attracted greater attention,” says Margaret Tobiasen, SVP of Data Distribution who cites PSN’s pioneering efforts as the first SMA database as the reason for the list’s popularity. “Highland Capital has done remarkable work and we are pleased to include them as a top performer.”
Highlands Core Year Fixed Income investment philosophy is a relative value investment approach that places the highest priority on quality, liquidity, and safety of principal. Highland believes that a high level of current income leads to consistent, above market returns. Jed Miller, Director of Fixed Income and Brian Escobedo, Portfolio Manager are proud to be named again to the Top guns best performing strategies again for the fourth quarter. Miller went on to say, “that this quarter has been incredibly challenging market environment and to be recognized with this honor is extremely gratifying.”
Through a combination PSN’s proprietary performance screens, the PSN Top Guns List ranks products in six proprietary categories in over 75 universes based on continued performance over time.
Highland Capital’s strategy had an r-squared of 0.80 or greater relative to the style benchmark for the recent five-year period. Moreover, the strategy’s returns exceeded 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 returns for the latest three-year period then become the 5 Star Top Guns.
Highland Capital’s Core Strategy had an r-squared of 0.80 or greater relative to the style benchmark for the latest 10-year period. Moreover, the strategy’s returns were greater than the style benchmark for the latest 10-year period and also standard deviation less than the style benchmark for the latest ten-year period. At this point, the top ten performers for the latest 10-year period become the PSN Top Guns Manager of the Decade.
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 minimal 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 portfolio 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.
The complete list of PSN Top Guns and an overview of the methodology can be located at https://psn.fi.informais.com/. Registration is required.
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.
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.firstname.lastname@example.org. Visit PSN online to learn more.