U.S. large-cap equity
| Product |
1Q return |
1-year return |
3-year return |
5-year return |
5-year std dev |
5-year Sharpe ratio |
Assets ($M) |
Manager |
Location |
| Navellier & Associates – Large Cap Growth Portfolio |
7.70% |
19.89% |
16.37% |
16.90% |
13.41% |
1.25 |
$1,651.2 |
Team |
Reno, Nev. |
| Janus Capital Management – Concentrated Growth MA (Retail) |
7.65% |
21.41% |
17.50% |
13.97% |
15.87% |
0.88 |
$4,980.8 |
Douglas Rao |
Denver |
| Winslow Capital – Large Cap Growth |
7.11% |
19.75% |
16.33% |
16.03% |
17.46% |
0.91 |
$35,962.0 |
Team |
Minneapolis |
| BRC Investment Management – Large Cap Concentrated Equity |
6.94% |
16.50% |
19.25% |
16.56% |
16.45% |
1.00 |
$432.7 |
Team |
Greenwood Village, Colo. |
| Logan Capital Management Inc. – Logan Large Cap Growth |
6.60% |
16.08% |
15.14% |
15.12% |
19.66% |
0.76 |
$778.8 |
Team |
Ardmore, Pa. |
| Northern Trust Asset Management – Large Cap Growth |
6.49% |
19.24% |
15.30% |
15.34% |
16.58% |
0.92 |
$130.7 |
Team |
West Palm Beach, Fla. |
| Ziegler Capital Management – Red Granite Large Cap Growth* |
6.32% |
18.94% |
17.32% |
15.71% |
15.42% |
1.01 |
$589.5 |
Team |
Chicago |
| AllianceBernstein – Strategic Research* |
6.22% |
15.92% |
17.51% |
15.05% |
20.18% |
0.74 |
$2,785.4 |
Daniel C. Roarty |
New York |
| JAG Capital Management – Large Cap Growth Equity |
5.96% |
15.97% |
15.55% |
16.74% |
16.47% |
1.01 |
$522.5 |
Team |
St. Louis, Mo. |
| Wakefield Asset Management – Large Cap Equity |
5.93% |
15.61% |
20.45% |
19.19% |
15.62% |
1.22 |
$163.7 |
G. Todd Gervasini |
Englewood, Colo. |
| Deutsche Asset & Wealth Management – US Large Cap Quality Growth |
5.82% |
20.75% |
17.61% |
15.09% |
16.80% |
0.89 |
$2,990.3 |
Team |
New York |
| Granite Investment Partners – Large Cap Equity |
5.82% |
19.88% |
15.81% |
15.14% |
16.70% |
0.90 |
$403.1 |
Team |
El Segundo, Calif. |
| Insight Capital Research and Management – Large Cap Growth |
5.67% |
18.38% |
20.58% |
17.58% |
16.28% |
1.07 |
$116.3 |
Randy Yurchak |
Walnut Creek, Calif. |
| Chase Investment Counsel – Large Cap Growth* |
5.63% |
16.48% |
17.38% |
15.97% |
13.40% |
1.19 |
$171.0 |
Team |
Charlottesville, Va. |
| Argent Capital Management – Large Cap Equity |
5.59% |
14.55% |
17.46% |
16.17% |
16.69% |
0.96 |
$2,720.5 |
Team |
St. Louis, Mo. |
| S&P 500 |
0.95% |
12.74% |
16.12% |
14.47% |
14.45% |
1.00 |
|
|
|
U.S. mid-cap equity
| Product |
1Q return |
1-year return |
3-year return |
5-year return |
5-year std dev |
5-year Sharpe ratio |
Assets ($M) |
Manager |
Location |
| The London Company – Small Cap |
10.07% |
9.44% |
16.57% |
17.41% |
17.19% |
1.01 |
$3,596.0 |
Team |
Richmond, Va. |
| New Amsterdam Partners – Mid Cap Growth Socially Responsible Active Equity* |
8.89% |
17.23% |
17.11% |
18.14% |
17.60% |
1.03 |
$605.9 |
Team |
New York |
| Eagle Asset Management – Mid Cap Growth – Institutional |
8.15% |
16.53% |
18.78% |
17.12% |
18.80% |
0.91 |
$1,111.9 |
Team |
St. Petersburg, Fla. |
| New Amsterdam Partners – Small-Mid Cap Active Equity* |
8.15% |
10.93% |
18.27% |
18.99% |
20.81% |
0.91 |
$200.9 |
Team |
New York |
| Eagle Asset Management – Mid Cap Growth – Retail |
8.12% |
16.01% |
18.07% |
16.52% |
18.56% |
0.89 |
$390.4 |
Team |
St. Petersburg, Fla. |
| New Amsterdam Partners – Mid Cap |
8.05% |
16.32% |
16.20% |
18.15% |
18.01% |
1.00 |
$339.2 |
Team |
New York |
| The London Company – SMID Cap |
7.98% |
10.08% |
17.48% |
18.21% |
15.57% |
1.16 |
$1,307.9 |
Team |
Richmond, Va. |
| PENN Capital Management – PENN Mid Cap Core Equity |
7.92% |
5.76% |
13.57% |
11.56% |
21.06% |
0.54 |
$166.8 |
Team |
Philadelphia |
| Fred Alger Management Inc. – Mid Cap Growth |
7.71% |
15.64% |
18.31% |
14.81% |
18.87% |
0.78 |
$579.2 |
Team |
New York |
| PENN Capital Management – PENN Small to Mid Cap Core Equity |
7.58% |
8.32% |
14.66% |
11.25% |
22.33% |
0.50 |
$443.2 |
Team |
Philadelphia |
| Oak Ridge Investments – Mid Cap Growth |
7.50% |
15.06% |
14.27% |
15.76% |
16.42% |
0.95 |
$187.3 |
Team |
Chicago |
| Kayne Anderson Rudnick – Small to Mid Cap Portfolio* |
7.39% |
19.56% |
15.36% |
15.24% |
14.23% |
1.06 |
$754.8 |
Team |
Los Angeles |
| Oak Ridge Investments – Small to Mid Cap Growth |
7.08% |
15.12% |
18.79% |
17.36% |
16.18% |
1.07 |
$3,591.3 |
Team |
Chicago |
| Ariel Investments – Ariel Small/Mid Cap Value Wrap* |
6.96% |
22.41% |
22.00% |
17.07% |
22.41% |
0.76 |
$3,065.5 |
John W. Rogers, Jr. |
Chicago |
| Kayne Anderson Rudnick – Mid Cap Core* |
6.92% |
24.99% |
18.88% |
17.00% |
14.27% |
1.19 |
$154.8 |
Team |
Los Angeles |
| Russell Midcap |
3.95% |
13.68% |
18.10% |
16.16% |
16.47% |
0.98 |
|
|
|
U.S. small-cap equity
| Product |
1Q return |
1-year return |
3-year return |
5-year return |
5-year std dev |
5-year Sharpe ratio |
Assets ($M) |
Manager |
Location |
| Timpani Capital Management – Small Cap Growth* |
11.14% |
12.99% |
21.50% |
19.56% |
22.18% |
0.88 |
$339.4 |
Brandon M. Nelson, CFA |
Milwaukee |
| McKinley Capital Management – Small Cap Growth |
10.28% |
11.71% |
22.84% |
18.86% |
20.33% |
0.92 |
$437.5 |
Team |
Anchorage, Ala. |
| Federated Investors Inc. – MDT Small Cap Growth* |
10.15% |
8.15% |
16.29% |
18.39% |
22.07% |
0.83 |
$121.0 |
Team |
Pittsburgh |
| Oberweis Asset Management Inc. – Small Cap Growth |
10.09% |
1.81% |
16.17% |
13.69% |
21.85% |
0.62 |
$135.0 |
Team |
Lisle, Ill. |
| Suffolk Capital Management – Small Cap Growth |
9.19% |
9.00% |
15.59% |
15.14% |
23.31% |
0.65 |
$191.5 |
Donald M. Gilbert |
New York |
| LMCG Investments, LLC – Small Cap Growth |
9.12% |
17.67% |
22.50% |
18.88% |
20.86% |
0.90 |
$171.6 |
Andrew Morey |
Boston |
| Apex Capital Management – Small Cap Growth* |
9.10% |
13.15% |
18.11% |
21.00% |
18.73% |
1.12 |
$960.2 |
Team |
Dayton, Ohio |
| Dana Investment Advisors, Inc. – Small Cap Equity |
8.99% |
14.91% |
20.76% |
20.14% |
18.86% |
1.06 |
$218.1 |
Team |
Brookfield, Wis. |
| Oberweis Asset Management Inc. – Concentrated Small-Cap Growth Strategy |
8.53% |
-3.00% |
10.87% |
12.93% |
22.40% |
0.57 |
$141.3 |
Team |
Lisle, Ill. |
| The Boston Company Asset Management – Small Cap Growth |
8.04% |
9.44% |
18.93% |
16.74% |
18.53% |
0.90 |
$498.0 |
Todd Wakefield |
Boston |
| Brown Advisory – Brown Advisory Small Cap Growth |
7.65% |
10.00% |
17.02% |
16.05% |
19.13% |
0.83 |
$1,663.1 |
Christopher Berrier |
Baltimore |
| PENN Capital Management – PENN Small Cap Opportunistic Equity |
7.33% |
3.80% |
17.61% |
16.62% |
25.29% |
0.65 |
$1,189.0 |
Team |
Philadelphia |
| Fred Alger Management Inc. – Small Cap Growth |
7.24% |
8.58% |
13.92% |
13.60% |
18.60% |
0.73 |
$1,285.3 |
Team |
New York |
| TCW Investment Management Company – TCW Small Cap Growth |
7.23% |
10.60% |
13.69% |
11.68% |
21.23% |
0.55 |
$217.6 |
Team |
Los Angeles |
| Atlanta Capital Management – High Quality Small Cap Core* |
6.83% |
11.63% |
17.18% |
17.69% |
16.05% |
1.10 |
$1,948.7 |
Team |
Atlanta |
| Russell 2000 |
4.32% |
8.21% |
16.27% |
14.57% |
18.83% |
0.77 |
|
|
|
International, global, emerging-markets equity
| Product |
1Q return |
1-year return |
3-year return |
5-year return |
5-year std dev |
5-year Sharpe ratio |
Assets ($M) |
Manager |
Location |
| Brandes Investment Partners – European Equity |
9.56% |
-7.06% |
12.60% |
8.18% |
21.50% |
0.38 |
$405.5 |
Team |
San Diego |
| Gratry & Company – International Growth Equity |
7.96% |
6.30% |
10.06% |
7.90% |
16.61% |
0.47 |
$499.6 |
Team |
Shaker Hts, Ohio |
| Thornburg Investment Management Inc. – Thornburg International Equity |
7.44% |
7.07% |
7.88% |
6.73% |
16.09% |
0.41 |
$13,119.4 |
Charles Wilson |
Santa Fe, N.M. |
| AllianceBernstein – International Value ADR* |
7.18% |
1.69% |
8.94% |
4.39% |
18.81% |
0.23 |
$1,365.6 |
Kevin Simms |
New York |
| PNC Capital Advisors – International Growth |
7.00% |
1.24% |
11.12% |
8.93% |
17.62% |
0.50 |
$287.3 |
Martin Schulz |
Baltimore |
| Legg Mason Inc. – ClearBridge International Growth ADR SMA* |
6.88% |
5.53% |
11.00% |
8.15% |
17.36% |
0.46 |
$598.9 |
Team |
Baltimore |
| Cambiar Investors – International ADR |
6.68% |
2.10% |
10.53% |
9.66% |
16.78% |
0.57 |
$2,504.8 |
Team |
Denver |
| WCM Investment Management – Quality Global Growth Equity |
6.11% |
9.04% |
11.76% |
13.29% |
14.58% |
0.91 |
$725.5 |
Team |
Milwaukee |
| del Rey Global Investors – International Equity |
6.02% |
-2.12% |
6.53% |
3.10% |
14.47% |
0.21 |
$381.5 |
Paul Hechmer |
Los Angeles |
| Renaissance Investment Management – International Equity Wrap |
5.97% |
1.66% |
9.84% |
7.83% |
17.68% |
0.44 |
$1,237.5 |
Joe G. Bruening |
Covington, Ky. |
| Brandes Investment Partners – International Equity |
5.78% |
-1.15% |
9.62% |
6.37% |
15.66% |
0.40 |
$10,649.1 |
Team |
San Diego |
| Lazard Asset Management – International Equity Select ADR – SMA |
5.67% |
-0.74% |
10.14% |
8.67% |
16.54% |
0.52 |
$4,173.6 |
Team |
New York |
| Tradewinds Global Investors – International ORD* |
5.60% |
-2.48% |
6.19% |
3.34% |
14.16% |
0.23 |
$874.1 |
Peter L. Boardman |
Los Angeles |
| Capital Group – Capital Group PCS Non-U.S. Equity Composite |
5.52% |
3.10% |
9.78% |
8.20% |
14.06% |
0.58 |
$2,635.1 |
Team |
Los Angeles |
| Capital Group – Capital Group International Equity SMA* |
5.43% |
2.19% |
9.75% |
8.17% |
14.28% |
0.57 |
$768.5 |
Team |
Los Angeles |
| Russell Dev ex North America Large Cap |
4.97% |
-0.90% |
9.45% |
6.49% |
17.27% |
0.37 |
|
|
|
| Russell Dev Large Cap |
2.46% |
6.07% |
12.58% |
10.32% |
15.33% |
0.67 |
|
|
|
| Russell Emerging Markets Large Cap |
1.92% |
0.70% |
0.71% |
2.26% |
17.96% |
0.12 |
|
|
|
U.S. fixed income
| Product |
1Q return |
1-year return |
3-year return |
5-year return |
5-year std dev |
5-year Sharpe ratio |
Assets ($M) |
Manager |
Location |
| SMH Capital Advisors Inc. – High Yield Wrap |
3.78% |
-11.78% |
-1.33% |
3.29% |
9.44% |
0.34 |
$136.6 |
Team |
Fort Worth, Texas |
| Principal Global Investors – Spectrum Preferred Securities |
3.75% |
12.03% |
7.86% |
8.68% |
7.75% |
1.11 |
$15,160.0 |
Team |
Des Moines, Iowa |
| Seix Investment Advisors – Corporate |
3.60% |
7.92% |
5.29% |
6.61% |
4.33% |
1.51 |
$595.1 |
Team |
Park Ridge, N.J. |
| Shenkman Capital Management Inc. – High Yield Bond Strategy |
3.38% |
3.35% |
6.73% |
7.94% |
5.36% |
1.47 |
$12,561.8 |
Team |
New York |
| Brandywine Global Investment Management – High Yield |
3.27% |
1.47% |
8.01% |
10.77% |
5.59% |
1.91 |
$398.4 |
Team |
Philadelphia |
| Newgate Capital Management – Total Return Income |
3.25% |
1.24% |
6.19% |
7.51% |
8.68% |
0.86 |
$178.0 |
Avy Hirshman |
Greenwich, Conn. |
| Diamond Hill Capital Management Inc. – Strategic Income |
2.88% |
3.59% |
5.38% |
6.71% |
3.23% |
2.05 |
$257.8 |
Team |
Columbus, Ohio |
| Cincinnati Asset Management – Investment Grade Fixed Income |
2.85% |
7.30% |
5.21% |
6.99% |
4.43% |
1.56 |
$1,529.9 |
Team Approach |
Cincinnati |
| SMH Capital Advisors Inc. – Diversified Income Strategy* |
2.69% |
-2.78% |
1.11% |
4.09% |
4.49% |
0.89 |
$103.9 |
Team |
Fort Worth, Texas |
| Pacific Income Advisers – U.S. High Yield |
2.56% |
2.40% |
7.87% |
9.11% |
5.32% |
1.70 |
$616.0 |
Team |
Santa Monica, Calif. |
| Cincinnati Asset Management – Broad Market |
2.36% |
5.80% |
5.54% |
7.12% |
3.93% |
1.79 |
$581.1 |
Team Approach |
Cincinnati, Ohio |
| Oppenheimer Investment Management – High Yield Fixed Income |
2.34% |
-1.43% |
6.11% |
7.40% |
6.26% |
1.17 |
$239.0 |
Leo Dierckman |
Carmel, IN |
| Three Peaks Capital Management – High Yield Bond |
2.31% |
2.69% |
5.62% |
6.67% |
2.95% |
2.23 |
$327.0 |
Sandy Rufenacht |
Castle Rock, Colo. |
| PENN Capital Management – PENN Opportunistic High Yield Fixed Income |
2.24% |
-1.60% |
6.33% |
7.83% |
6.92% |
1.12 |
$1,561.9 |
Team |
Philadelphia |
| Seix Investment Advisors – High Yield Bond Management |
2.23% |
4.07% |
6.73% |
7.92% |
4.47% |
1.75 |
$14,596.5 |
Michael Kirkpatrick |
Park Ridge, N.J. |
| Barclays Aggregate |
1.61% |
5.71% |
3.10% |
4.41% |
3.02% |
1.43 |
|
|
|
U.S. municipals
| Product |
1Q return |
1-year return |
3-year return |
5-year return |
5-year std dev |
5-year Sharpe ratio |
Assets ($M) |
Manager |
Location |
| Belle Haven Investments – MuniPLUS |
1.45% |
6.64% |
4.47% |
5.46% |
2.71% |
1.98 |
$580.1 |
Team |
White Plains, N.Y. |
| GW&K Investment Management – Municipal Enhanced Yield Strategy |
1.39% |
10.30% |
5.86% |
7.00% |
6.49% |
1.07 |
$168.3 |
Team |
Boston |
| Nuveen Asset Management – Long Municipal Bond |
1.28% |
8.60% |
5.13% |
5.97% |
5.71% |
1.03 |
$2,240.4 |
Team |
Chicago |
| Nuveen Asset Management – Municipal Total Return Bond |
1.21% |
7.11% |
4.29% |
5.38% |
4.48% |
1.18 |
$886.8 |
Team |
Chicago |
| McDonnell Investment Management – Medium Duration Municipal Bond |
1.20% |
6.33% |
3.79% |
5.14% |
3.99% |
1.27 |
$5,267.0 |
Team |
Oak Brook, Ill. |
| AllianceBernstein – Tax Aware Fixed Income (MA)* |
1.19% |
6.10% |
4.11% |
5.80% |
3.73% |
1.53 |
$2,335.8 |
Guy Davidson |
New York |
| Lord, Abbett & Co. – Long Municipal MA |
1.18% |
9.47% |
5.05% |
6.20% |
5.92% |
1.03 |
$3,916.3 |
Daniel S. Solender |
Jersey City, N.J. |
| Eaton Vance – TABS Intermediate Maturity |
1.17% |
5.79% |
3.33% |
5.15% |
4.08% |
1.24 |
$2,695.7 |
Team |
Boston |
| GW&K Investment Management – Municipal Bond Strategy |
1.15% |
6.11% |
4.05% |
5.59% |
4.24% |
1.30 |
$13,924.7 |
Team |
Boston |
| Neuberger Berman – Tax-Exempt Intermediate Maturity |
1.09% |
4.03% |
2.50% |
3.47% |
2.43% |
1.39 |
$614.0 |
Team |
New York |
| Wasmer, Schroeder & Company Inc. – Strategic Tax Exempt Fixed Income |
1.09% |
9.30% |
5.89% |
6.75% |
5.38% |
1.24 |
$251.2 |
Team |
Naples, Fla. |
| Eagle Asset Management – High Quality Tax-Free – Retail |
1.07% |
5.00% |
2.94% |
4.21% |
3.40% |
1.21 |
$1,377.9 |
Team |
St. Petersburg, Fla. |
| Neuberger Berman – Municipal Extended Core Fixed |
1.07% |
4.36% |
2.73% |
4.01% |
3.20% |
1.22 |
$188.0 |
Team |
New York |
| Cumberland Advisors – Tax-Free Municipal Fixed Income |
1.05% |
6.28% |
4.05% |
4.95% |
4.13% |
1.18 |
$659.5 |
Team |
Sarasota, Fla. |
| Caprin Asset Management – State Specific Municipal |
1.04% |
4.70% |
2.84% |
3.89% |
2.99% |
1.28 |
$718.1 |
Team |
Richmond, Va. |
| Barclays Municipal Bond |
1.01% |
6.62% |
4.05% |
5.11% |
4.09% |
1.23 |
$0.0 |
|
|
*Preliminary. The separately managed account products listed in these tables generated the highest performance for the first quarter ended March 31. Rankings are based on performance reported to PrimaGuide research application by April 27. In case of ties, products are listed alphabetically. Past performance is not a guaranteee 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
*Preliminary. The separately managed account products listed in these tables generated the highest performance for the second quarter ended June 30. Rankings are based on performance reported to PrimaGuide research application by Aug. 7. In the case of ties, products are listed alphabetically. Past performance is not a guarantee of future results, and advisers should rely on additional 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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