Highland Capital Management, LLC announced today it has been named to the quarterly PSN Top Guns List of best performing separate accounts and managed accounts strategies for Q4 2023 – recognized for both Highland’s SMIDCAP Core Alpha Strategy and Core Fixed Income Strategy. The highly anticipated list, published by Zephyr, remains one of the most important references for investors and asset managers.
“We are pleased to announce that Highland Capital Management has been acknowledged by the PSN Top Guns List for our SMIDCAP Core Alpha Strategy and Core Fixed Income Strategy,” stated Steve Wishnia, CEO of Highland Capital Management. “PSN sets the benchmark for institutional databases, and being recognized by this influential industry authority is truly rewarding. It underscores our dedication 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 are 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 fourth quarter:
- 4-star rating Small-Mid Core Universe: The strategy had an r-squared of 0.80 or greater relative to the style benchmark for the recent five-year period. The top ten returns for the latest three-year period then become the 4 Star Top Guns.
Highland’s Core Fixed Income Strategy provides clients with a safe/stable source of income. The firm’s size is a distinct advantage in 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 the client’s liquidity and risk parameters. By investing in a liquid portfolio, our portfolio managers can 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 fourth quarter:
- 4-Star Rating Core Fixed Income Universe: The strategy had an r-squared of 0.80 or greater relative to the style benchmark for the recent five-year period. Strategy’s return exceeded the style benchmark for the three latest three-year rolling periods. The top ten returns for the latest three-year period then become 4-Star Top Guns.
- 5-Star Rating Core Fixed Income Universe: The 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 with a standard deviation for the five-year period equal to 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.
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.
