U.S. large-cap equity
| Product |
3Q return |
1-year return |
3-year return |
5-year return |
5-year std dev |
5-year Sharpe ratio |
Assets ($M) |
Manager |
Location |
| Sands Capital Management – Large Capitalization Growth |
19.07% |
28.92% |
24.54% |
20.48% |
26.77% |
0.76 |
$30,204.5 |
Team |
Arlington, Va. |
| Ziegler Lotsoff Capital Management – Red Granite Large Cap Growth |
12.35% |
24.50% |
16.61% |
13.17% |
20.24% |
0.64 |
$471.6 |
Team |
Chicago |
| TCW Investment Management Co. – TCW Concentrated Core (Large Cap Growth) |
12.18% |
20.14% |
17.58% |
14.94% |
19.62% |
0.75 |
$7,942.2 |
Craig Blum |
Los Angeles |
| JAG Capital Management – Large Cap Growth Equity |
12.04% |
20.79% |
17.22% |
13.30% |
23.14% |
0.57 |
$428.2 |
Team |
St. Louis |
| Rainier Investment Management – U.S. Large Cap Growth Equity |
11.90% |
20.88% |
15.39% |
10.18% |
22.05% |
0.45 |
$3,690.2 |
Team |
Seattle |
| Victory Capital Management Inc. – Large Cap Growth* |
11.72% |
15.07% |
13.62% |
12.29% |
22.33% |
0.54 |
$3,437.2 |
Team |
Brooklyn, Ohio |
| Logan Capital Management Inc. – Logan Large Cap Growth |
11.51% |
23.86% |
14.24% |
12.61% |
26.38% |
0.47 |
$743.6 |
Team |
Ardmore, Pa. |
| The Boston Co. Asset Management – Large Cap Growth |
11.27% |
23.06% |
17.43% |
14.25% |
21.56% |
0.65 |
$5,817.9 |
Elizabeth Slover |
Boston |
| AllianceBernstein – Strategic Research* |
11.16% |
25.90% |
14.42% |
11.16% |
25.65% |
0.43 |
$2,894.5 |
Catherine Wood |
New York |
| J.P. Morgan Asset Management – Large Cap Growth |
11.11% |
17.85% |
17.08% |
13.10% |
21.12% |
0.61 |
$16,965.2 |
Team |
New York |
| Ashfield Capital Partners – SMA Large Cap Growth |
11.09% |
18.48% |
15.48% |
10.86% |
22.34% |
0.48 |
$2,036.2 |
Team |
San Francisco |
| Hellman Jordan Management Co. Inc. – Hellman Jordan Opportunistic Growth Strategy |
11.01% |
22.69% |
15.37% |
11.06% |
26.84% |
0.41 |
$444.0 |
Team |
Boston |
| Granite Investment Partners – Large Cap Equity |
10.91% |
20.48% |
15.49% |
10.84% |
23.40% |
0.46 |
$371.5 |
Team |
El Segundo, Calif. |
| Suffolk Capital Management – Large Cap Growth |
10.84% |
23.21% |
15.82% |
10.86% |
23.27% |
0.46 |
$395.6 |
Team |
New York |
| Fred Alger Management Inc. – Large Cap Growth |
10.83% |
20.71% |
14.65% |
9.55% |
21.71% |
0.43 |
$1,511.9 |
Dan C. Chung |
New York |
| S&P 500 |
5.25% |
19.35% |
16.27% |
10.02% |
20.96% |
0.47 |
|
|
|
U.S. midcap equity
| Product |
3Q return |
1-year return |
3-year return |
5-year return |
5-year std dev |
5-year Sharpe ratio |
Assets ($M) |
Manager |
Location |
| Bennett Lawrence Management – Mid Cap Growth Equity* |
18.20% |
26.72% |
21.75% |
13.66% |
25.26% |
0.53 |
$308.7 |
Team |
New York |
| Artisan Partners Limited Partnership – Mid Cap Growth SMA |
15.98% |
33.15% |
21.49% |
18.00% |
24.79% |
0.72 |
$13,775.0 |
Team |
Milwaukee |
| TCW Investment Management Co. – TCW SMid Cap Growth |
15.46% |
30.35% |
14.05% |
15.51% |
28.40% |
0.54 |
$592.7 |
Team |
Los Angeles |
| Oak Ridge Investments – Small to Mid Cap Growth |
15.37% |
34.80% |
21.47% |
14.85% |
22.22% |
0.66 |
$2,850.0 |
Team |
Chicago |
| SouthernSun Asset Management – SMID Cap* |
15.14% |
46.85% |
26.33% |
22.10% |
30.05% |
0.73 |
$1,634.5 |
Michael W. Cook Sr. |
Memphis, Tenn. |
| TCW Investment Management Co. – TCW Growth Equities |
13.89% |
31.27% |
12.87% |
13.25% |
25.15% |
0.52 |
$233.3 |
Team |
Los Angeles |
| Columbus Circle – Mid Cap Growth |
13.35% |
25.47% |
16.79% |
10.76% |
22.70% |
0.47 |
$1,053.0 |
Team |
Stamford, Conn. |
| Nuveen Asset Management – Mid Cap Growth Opportunities |
12.41% |
23.21% |
18.11% |
15.21% |
23.78% |
0.63 |
$1,289.2 |
Team |
Chicago |
| Oak Ridge Investments – Mid Cap Growth |
12.36% |
26.06% |
17.48% |
12.90% |
22.23% |
0.57 |
$163.6 |
Team |
Chicago |
| J.P. Morgan Asset Management – Mid Cap Growth |
12.03% |
29.86% |
17.17% |
13.78% |
24.45% |
0.56 |
$3,900.0 |
Team |
New York |
| Kayne Anderson Rudnick – Small to Mid Cap Value Portfolio* |
12.01% |
30.56% |
19.03% |
15.59% |
21.28% |
0.72 |
$134.2 |
Team |
Los Angeles |
| Pinnacle Associates Ltd. – Small Mid Cap Equity |
11.93% |
35.12% |
20.40% |
17.17% |
28.76% |
0.59 |
$2,968.0 |
Team |
New York |
| The Boston Co. Asset Management – SMID Cap Opportunistic Value |
11.52% |
40.01% |
21.18% |
21.13% |
28.27% |
0.74 |
$650.6 |
David A. Daglio |
Boston |
| Baird Investment Management – Mid Cap Growth |
11.38% |
24.59% |
20.34% |
16.34% |
22.32% |
0.72 |
$727.2 |
Team |
Milwaukee |
| Stephens Investment Management Group – Mid Cap Growth |
11.24% |
26.98% |
20.27% |
15.52% |
22.35% |
0.69 |
$124.1 |
Ryan E. Crane |
Houston |
| Russell Midcap |
7.70% |
27.92% |
17.53% |
12.98% |
24.97% |
0.51 |
|
|
|
U.S. small-cap equity
| Product |
3Q return |
1-year return |
3-year return |
5-year return |
5-year std dev |
5-year Sharpe ratio |
Assets ($M) |
Manager |
Location |
| McKinley Capital Management – Small Cap Growth* |
17.52% |
43.98% |
23.36% |
13.06% |
26.26% |
0.49 |
$356.8 |
Team |
Anchorage, Ala. |
| ClearBridge Investments – ClearBridge Small Cap Growth |
14.36% |
35.66% |
23.68% |
16.59% |
26.34% |
0.62 |
$3,069.7 |
Team |
New York |
| Granite Investment Partners – Small Cap Equity |
13.95% |
45.06% |
20.20% |
19.63% |
29.46% |
0.66 |
$110.7 |
Team |
El Segundo, Calif. |
| TCW Investment Management Co. – TCW Small Cap Growth |
13.84% |
19.33% |
10.67% |
12.76% |
28.62% |
0.44 |
$499.6 |
Team |
Los Angeles |
| Glenmede Investment Management – Glenmede Small Cap Equity |
13.82% |
40.47% |
24.64% |
15.93% |
27.04% |
0.58 |
$914.5 |
Team |
Philadelphia |
| Penn Capital Management – Penn Small Cap Opportunistic Equity |
13.68% |
45.52% |
23.86% |
17.49% |
35.48% |
0.49 |
$1,166.5 |
Team |
Philadelphia |
| Brown Advisory – Brown Advisory Small Cap Growth |
13.37% |
35.71% |
19.90% |
15.46% |
25.14% |
0.61 |
$1,725.5 |
Team |
Baltimore |
| Federated Investors Inc. – MDT Small Cap Growth |
13.32% |
36.14% |
23.75% |
12.61% |
27.23% |
0.46 |
$125.2 |
Team |
Pittsburgh |
| Riverbridge Partners – Small Cap Growth |
13.12% |
35.01% |
23.92% |
17.27% |
22.34% |
0.77 |
$2,745.0 |
Team |
Minneapolis |
| The Boston Co. Asset Management – Small Cap Growth |
13.07% |
31.50% |
20.12% |
11.04% |
24.35% |
0.45 |
$1,085.5 |
Team |
Boston |
| Eagle Asset Management – Small Cap Growth – Retail |
12.88% |
27.64% |
19.64% |
15.01% |
25.79% |
0.58 |
$7,283.7 |
Team |
St. Petersburg, Fla. |
| Kayne Anderson Rudnick – Small Cap Quality Value* |
12.83% |
31.44% |
18.31% |
13.84% |
22.69% |
0.6 |
$1,684.6 |
Team |
Los Angeles |
| Timberline Asset Management – Small Cap Growth Strategy |
12.55% |
32.17% |
21.25% |
16.42% |
28.70% |
0.57 |
$928.1 |
Team |
San Francisco |
| Cadence Capital Management – Micro Cap Growth |
12.32% |
34.27% |
26.12% |
18.09% |
26.52% |
0.68 |
$103.2 |
Team |
Boston |
| Fred Alger Management Inc. – Small Cap Growth |
12.32% |
30.28% |
17.75% |
13.44% |
24.69% |
0.54 |
$2,653.6 |
Jill Greenwald |
New York |
| Russell 2000 |
10.21% |
30.05% |
18.29% |
11.15% |
26.30% |
0.42 |
|
|
|
International, global, emerging-markets equity
| Product |
3Q return |
1-year return |
3-year return |
5-year return |
5-year std dev |
5-year Sharpe ratio |
Assets ($M) |
Manager |
Location |
| Brandes Investment Partners – European Equity |
17.78% |
34.77% |
10.61% |
8.68% |
28.92% |
0.29 |
$303.0 |
Team |
San Diego |
| HGK Asset Management Inc. – International Equity |
17.74% |
47.34% |
14.00% |
13.49% |
24.48% |
0.54 |
$580.9 |
Richard Bruce |
Jersey City, N.J. |
| PNC Capital Advisors – International Growth |
14.59% |
28.22% |
9.43% |
9.81% |
23.72% |
0.41 |
$151.4 |
Team |
Baltimore |
| Cambiar Investors – International ADR |
14.19% |
28.52% |
13.77% |
12.16% |
21.85% |
0.55 |
$712.5 |
Team |
Denver |
| Brandes Investment Partners – International Equity |
13.15% |
27.42% |
8.38% |
5.74% |
22.40% |
0.25 |
$11,151.0 |
Team |
San Diego |
| Renaissance Investment Management – International Equity Wrap |
12.88% |
25.05% |
9.46% |
5.82% |
24.85% |
0.23 |
$982.3 |
Joe G. Bruening |
Covington, Ky. |
| Franklin Templeton Investments – Templeton International Equity SMA Composite |
12.62% |
24.84% |
9.16% |
6.01% |
23.40% |
0.25 |
$750.3 |
Team |
San Mateo, Calif. |
| Parametric Portfolio Associates – Parametric TMC RAFI Dev Ex U.S. ADR |
12.61% |
25.76% |
7.09% |
6.34% |
30.01% |
0.21 |
$151.2 |
Team |
Seattle |
| Causeway Capital Management – International Value ADR* |
12.37% |
26.29% |
12.54% |
10.61% |
25.57% |
0.41 |
$1,053.6 |
Team |
Los Angeles |
| Glovista Investments – Emerging Markets Equities* |
12.19% |
8.04% |
1.24% |
12.99% |
32.91% |
0.39 |
$489.2 |
Team |
Jersey City, N.J. |
| AllianceBernstein – International Value ADR* |
11.99% |
23.77% |
5.79% |
2.34% |
27.75% |
0.08 |
$577.8 |
Sharon Fay |
New York |
| J.P. Morgan Asset Management – International Value Managed Account |
11.92% |
25.39% |
8.51% |
6.02% |
25.15% |
0.23 |
$6,327.1 |
Gerd Woort-Menker |
New York |
| del Rey Global Investors – International Equity |
11.59% |
18.11% |
2.54% |
4.95% |
18.51% |
0.26 |
$1,217.7 |
Paul Hechmer |
Los Angeles |
| Legg Mason Inc. – ClearBridge International ADR |
11.50% |
24.45% |
10.84% |
7.37% |
24.25% |
0.3 |
$518.9 |
Team |
Baltimore |
| Tradewinds Global Investors – International ORD |
11.44% |
16.76% |
2.89% |
4.93% |
18.47% |
0.26 |
$693.6 |
Peter L. Boardman |
Los Angeles |
| Russell Developed ex North America Large Cap |
11.78% |
24.15% |
8.62% |
6.70% |
24.89% |
0.26 |
|
|
|
| Russell Developed Large Cap |
8.36% |
20.89% |
12.09% |
8.21% |
22.76% |
0.35 |
|
|
|
| Russell Emerging Markets Large Cap |
6.64% |
2.38% |
0.28% |
7.92% |
28.67% |
0.27 |
|
|
|
U.S. fixed income
| Product |
3Q return |
1-year return |
3-year return |
5-year return |
5-year std dev |
5-year Sharpe ratio |
Assets ($M) |
Manager |
Location |
| Brandes Investment Partners – Enhanced Income |
3.31% |
7.77% |
7.54% |
7.86% |
9.98% |
0.77 |
$103.0 |
Team |
San Diego |
| Penn Capital Management – Penn Opportunistic High Yield Fixed Income |
2.90% |
8.75% |
9.32% |
13.20% |
15.92% |
0.82 |
$868.7 |
Team |
Philadelphia |
| First Western Capital Management – High Yield Short Duration |
2.64% |
7.76% |
8.95% |
11.19% |
8.74% |
1.26 |
$225.4 |
Steven S. Michaels |
Los Angeles |
| Pacific Income Advisers – U.S. High Yield |
2.42% |
8.01% |
9.98% |
11.90% |
13.19% |
0.89 |
$510.0 |
Team |
Santa Monica, Calif. |
| Shenkman Capital Management Inc. – High Yield Bond Strategy |
2.12% |
5.09% |
7.68% |
10.26% |
8.96% |
1.13 |
$16,358.7 |
Team |
New York |
| First Western Capital Management – High Yield Fixed Income |
2.10% |
6.89% |
10.02% |
12.65% |
11.05% |
1.13 |
$326.8 |
Steven S. Michaels |
Los Angeles |
| Diamond Hill Capital Management Inc. – Strategic Income |
2.03% |
4.20% |
6.46% |
11.17% |
8.77% |
1.26 |
$202.4 |
Team |
Columbus, Ohio |
| Three Peaks Capital Management – High Yield Bond |
1.95% |
4.57% |
6.50% |
7.90% |
8.53% |
0.91 |
$1,065.0 |
Team |
Castle Rock, Colo. |
| Seix Investment Advisors – High Yield Bond Management* |
1.83% |
4.96% |
8.03% |
10.27% |
7.97% |
1.27 |
$17,741.0 |
Michael Kirkpatrick |
Upper Saddle River, N.J. |
| GW&K Investment Management – Corporate Bond Opportunities Strategy |
1.70% |
4.22% |
7.66% |
9.92% |
9.97% |
0.98 |
$116.5 |
Team |
Boston |
| RNC Genter Capital Management – Taxable, Quality Intermediate |
1.41% |
0.73% |
3.42% |
5.89% |
3.09% |
1.85 |
$676.4 |
Team |
Los Angeles |
| Pimco – Pimco Real Return for Managed Accounts |
1.34% |
-6.07% |
4.58% |
7.25% |
6.80% |
1.04 |
$807.2 |
Mihir Worah |
Newport Beach, Calif. |
| JAG Capital Management – Enhanced Core Fixed Income |
1.30% |
0.53% |
3.93% |
6.93% |
4.65% |
1.45 |
$402.0 |
Team |
St. Louis |
| GW&K Investment Management – Total Return Bond Strategy |
1.27% |
2.46% |
6.10% |
9.73% |
4.35% |
2.2 |
$669.6 |
Team |
Boston |
| Federated Investors Inc. – Government/Credit Strategy |
1.20% |
-0.20% |
3.84% |
7.75% |
4.84% |
1.57 |
$4,589.0 |
Team |
Pittsburgh, Pa. |
| Barclays Aggregate |
0.58% |
-1.68% |
2.86% |
5.41% |
3.54% |
1.48 |
|
|
|
U.S. municipals
| Product |
3Q return |
1-year return |
3-year return |
5-year return |
5-year std dev |
5-year Sharpe ratio |
Assets ($M) |
Manager |
Location |
| Sage Advisory Services – Intermediate Municipal Fixed Income |
1.03% |
-0.32% |
2.70% |
4.33% |
2.88% |
1.45 |
$362.0 |
Team |
Austin, Texas |
| Appleton Partners – Tax-Exempt Municipal* |
0.99% |
-0.91% |
3.11% |
5.24% |
3.80% |
1.33 |
$3,588.3 |
Team |
Boston |
| Eagle Asset Management – High Quality Tax-Free – Retail* |
0.96% |
-1.57% |
2.72% |
5.05% |
4.05% |
1.21 |
$1,265.9 |
Team |
St. Petersburg, Fla |
| GW&K Investment Management – Municipal Bond Strategy |
0.95% |
-1.33% |
3.99% |
6.85% |
5.34% |
1.25 |
$11,195.9 |
Team |
Boston |
| McDonnell Investment Management – Medium Duration Municipal Bond |
0.95% |
-1.37% |
3.44% |
6.05% |
4.90% |
1.2 |
$5,163.0 |
Team |
Oak Brook, Ill |
| PNC Capital Advisors – Intermediate Municipal |
0.95% |
-1.29% |
3.26% |
5.91% |
4.49% |
1.28 |
$1,064.8 |
Team |
Baltimore |
| McDonnell Investment Management – Intermediate Municipal Bond |
0.90% |
-0.39% |
2.66% |
4.77% |
3.27% |
1.41 |
$2,242.0 |
Team |
Oak Brook, Ill |
| RNC Genter Capital Management – Municipals, Quality Intermediate |
0.90% |
-0.63% |
2.31% |
4.20% |
3.15% |
1.28 |
$1,719.3 |
Team |
Los Angeles |
| Belle Haven Investments – MuniPLUS |
0.89% |
0.39% |
3.97% |
6.24% |
3.44% |
1.77 |
$447.0 |
Team |
White Plains, N.Y. |
| C.W. Henderson & Associates – Actively Managed T/E |
0.89% |
-0.72% |
2.51% |
4.71% |
3.37% |
1.35 |
$2,256.0 |
Team |
Chicago |
| Eaton Vance – TABS Limited Maturity |
0.89% |
-0.70% |
2.15% |
4.50% |
3.11% |
1.4 |
$3,513.0 |
Team |
Boston |
| Eaton Vance – Short-Term Municipals |
0.88% |
-0.42% |
2.17% |
4.26% |
2.84% |
1.44 |
$469.8 |
Brian Clouser |
Boston |
| Neuberger Berman – Municipal Extended Core Fixed |
0.88% |
-1.19% |
2.87% |
5.09% |
3.83% |
1.29 |
$170.0 |
Team |
New York |
| Lord Abbett & Co. – Intermediate Municipal MA |
0.86% |
-1.61% |
3.40% |
5.97% |
4.82% |
1.2 |
$1,719.8 |
Daniel S. Solender |
Jersey City, N.J. |
| Thomas Weisel Partners LLC – California Intermediate Tax exempt |
0.85% |
0.27% |
2.68% |
4.78% |
3.27% |
1.41 |
$193.0 |
Team |
San Francisco |
| Barclays Municipal Bond |
-0.20% |
-2.22% |
3.24% |
5.98% |
5.03% |
1.16 |
|
|
|
*Preliminary. The separately managed account products listed in these tables generated the highest performance for the quarter ended Sept. 30. Rankings are based on performance reported to the PrimaGuide research application by Oct. 25. In case of ties, products are listed alphabetically. Past performance is not a guarantee of future results, and advisers should rely on addtional factors when determining whether to include SMAs in their client portfolios. The PrimaGuide SMA universe isn’t intended to be all-inclusive but rather represents a diversified group of products that are available to, and suitable for the affluent retail investor.
Source: Envestnet
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