Separately managed accounts: 1Q
U.S. large-cap equity Product 1Q return 1-year return 3-year…
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 |
|---|---|---|---|---|---|---|---|---|---|
| Snow Capital Management – Large Cap Value* | 16.60% | 21.41% | 10.56% | 4.6% | 29.37% | 0.15 | $478.0 | Team | Sewickley, Pa. |
| Neuberger Berman – Socially Responsive Investing | 15.09% | 16.54% | 13.68% | 7.2% | 22.15% | 0.31 | $3,778.0 | Team | New York |
| TCW Investment Management Co. – TCW Relative Value Large Cap | 14.68% | 21.09% | 14.11% | 6.2% | 26.27% | 0.22 | $5,357.4 | Diane Jaffee | Los Angeles |
| Columbia Management Investment Advisers LLC – Seligman Large Cap Value Equity | 13.68% | 16.74% | 13.21% | 6.7% | 25.66% | 0.25 | $3,785.7 | Team | Boston |
| Cambridge Financial Group – Core Equity | 13.30% | 19.31% | 8.29% | 2.5% | 22.58% | 0.10 | $195.1 | Gregory J. Bauer | Columbus, Ohio |
| Parametric Portfolio Associates – Socially Responsible Tax Managed Core | 13.26% | 14.83% | 11.43% | 6.7% | 20.77% | 0.30 | $103.6 | Team | Seattle, Wash. |
| Cutler Investment Counsel LLC – Equity Income | 12.94% | 16.24% | 16.09% | 8.4% | 19.64% | 0.41 | $158.5 | Team | Jacksonville, Ore. |
| J.P. Morgan Asset Management – Intrepid Value | 12.78% | 20.02% | 12.81% | 5.9% | 23.35% | 0.24 | $1,259.2 | Team | New York |
| Great Lakes Advisors – Large Cap Value | 12.77% | 17.72% | 14.37% | 6.5% | 21.96% | 0.28 | $1,604.3 | Team | Chicago |
| Matrix Asset Advisors Inc. – Large Cap Relative Value | 12.70% | 7.13% | 6.14% | 2.6% | 26.59% | 0.09 | $683.5 | Team | New York |
| Crawford Investment Counsel – Dividend Growth Wrap | 12.66% | 16.10% | 11.85% | 6.1% | 18.45% | 0.31 | $1,444.9 | Team | Atlanta |
| Allianz Global Investors – NFJ Large Cap Value for Managed Accounts | 12.59% | 16.87% | 12.35% | 1.9% | 23.89% | 0.06 | $259.8 | Team | New York |
| Zacks Investment Management – Dividend | 12.51% | 19.75% | 15.74% | 8.1% | 20.27% | 0.38 | $737.1 | Team | Chicago |
| Dana Investment Advisors Inc. – Socially Responsible Equity | 12.41% | 14.46% | 13.00% | 6.6% | 21.33% | 0.29 | $178.0 | Team | Brookfield, Wis. |
| Parametric Portfolio Associates – Parametric TMC RAFI U.S. 1000 | 12.32% | 17.86% | 13.15% | 8.3% | 26.74% | 0.30 | $483.1 | Team | Seattle |
| Delaware Investments – Large Cap Value | 12.30% | 19.64% | 16.80% | 7.8% | 18.36% | 0.41 | $448.6 | Team | Philadelphia |
| S&P 500 | 10.61% | 13.96% | 12.67% | 5.8% | 21.63% | 0.25 |
U.S. midcap equity
| Product | 1Q return | 1-year return | 3-year return | 5-year return | 5-year std dev | 5-year Sharpe ratio | Assets ($M) | Manager | Location |
|---|---|---|---|---|---|---|---|---|---|
| Neuberger Berman – Rachlin MLP Portfolio* | 16.70% | 27.08% | 21.80% | 17.7% | 23.92% | 0.73 | $4,989.0 | Douglas Rachlin | New York |
| Thompson Siegel & Walmsley LLC – TSW Mid Cap Value SMA | 16.68% | 23.88% | 15.94% | 8.5% | 21.53% | 0.38 | $243.2 | Brett P. Hawkins | Richmond, Va. |
| Sterling Capital Management – Mid Cap Value Equity | 16.37% | 16.27% | 12.80% | 11.0% | 25.07% | 0.43 | $2,255.8 | Timothy P. Beyer | Charlotte, N.C. |
| Ariel Investments – Ariel Mid Cap Value Wrap | 15.60% | 18.94% | 13.73% | 11.1% | 31.05% | 0.35 | $2,202.3 | Team | Chicago |
| RS Investments – Mid Cap Value* | 15.49% | 21.64% | 10.97% | 7.1% | 26.75% | 0.25 | $2,014.6 | Team | San Francisco |
| The London Co. – Small Cap Core* | 15.47% | 24.34% | 20.54% | 13.7% | 23.51% | 0.57 | $3,761.9 | Team | Richmond, Va. |
| Ariel Investments – Ariel Small/Mid Cap Value Wrap | 15.17% | 20.67% | 13.48% | 9.5% | 35.31% | 0.26 | $2,366.3 | John W. Rogers Jr. | Chicago |
| Hahn Capital Management Company LLC – Mid-Cap Value | 14.54% | 16.92% | 18.31% | 13.1% | 27.01% | 0.47 | $700.9 | Team | San Francisco |
| SouthernSun Asset Management – SMID Cap* | 13.99% | 20.45% | 21.41% | 15.7% | 30.52% | 0.50 | $849.6 | Michael W. Cook | Memphis, Tenn. |
| Lee Munder Capital Group – Mid Cap Value | 13.98% | 19.58% | 14.00% | 12.9% | 24.21% | 0.52 | $529.3 | Don Cleven | Boston |
| Penn Capital Management – Penn Small to Mid Cap Core Equity | 13.97% | 14.31% | 8.93% | 5.7% | 33.79% | 0.16 | $1,026.4 | Team | Philadelphia |
| O’Shaughnessy Asset Management – Small-Mid Cap Growth | 13.89% | 20.28% | 12.31% | 1.6% | 28.98% | 0.04 | $184.6 | Team | Stamford, Conn. |
| Denver Investment Advisors (Westcore) – Concentrated Mid Cap Growth | 13.88% | -8.11% | 3.86% | 4.9% | 26.65% | 0.17 | $163.7 | Mitch Begun | Denver |
| Kennedy Capital Management – Mid Cap Value | 13.67% | 14.22% | 14.78% | 11.2% | 23.03% | 0.47 | $177.9 | Frank Latuda Jr. | St. Louis |
| Reinhart Partners Inc. – Mid Cap Private Market Value* | 13.63% | 16.65% | 14.34% | 11.5% | 22.63% | 0.49 | $749.1 | Team | Mequon, Wis. |
| Seizert Capital Partners LLC – Mid Cap Core | 13.59% | 23.39% | 15.76% | 12.0% | 26.10% | 0.45 | $1,704.4 | Team | Birmingham, Mich. |
| Russell Midcap | 12.96% | 17.30% | 14.62% | 8.4% | 25.99% | 0.31 |
U.S. small-cap equity
| Product | 1Q return | 1-year return | 3-year return | 5-year return | 5-year std dev | 5-year Sharpe ratio | Assets ($M) | Manager | Location |
|---|---|---|---|---|---|---|---|---|---|
| GW Capital Inc. – Small Cap Equity | 15.29% | 28.04% | 15.82% | 8.8% | 30.10% | 0.28 | $1,227.7 | Team | Bellevue, Wash. |
| Keeley Asset Management Corp. – Institutional Corporate Restructuring – Small Cap* | 15.22% | 30.06% | 18.30% | 7.1% | 31.92% | 0.21 | $3,984.5 | John Keeley, Jr. | Chicago |
| Chartwell Investment Partners – Small Cap Value | 14.55% | 17.76% | 16.33% | 12.0% | 24.81% | 0.47 | $1,011.2 | Team | Berwyn, Pa. |
| PNC Capital Advisors LLC – Small Cap Portfolio | 14.22% | 24.68% | 19.82% | 11.5% | 25.24% | 0.44 | $370.8 | Team | Baltimore |
| Fox Asset Management – Small Cap Value Equity | 14.06% | 16.94% | 12.17% | 9.1% | 23.59% | 0.37 | $354.7 | Team | Red Bank, N.J. |
| Glenmede Investment Management LP – Glenmede Small Cap Equity | 13.92% | 17.74% | 17.23% | 10.9% | 26.97% | 0.39 | $652.5 | Team | Philadelphia |
| Timberline Asset Management LLC – Small Cap Growth Strategy | 13.84% | 5.25% | 14.81% | 11.9% | 29.16% | 0.39 | $678.9 | Team | San Francisco |
| Ariel Investments – Ariel Small Cap Value Wrap | 13.83% | 20.46% | 13.55% | 10.0% | 35.70% | 0.27 | $1,036.5 | John W. Rogers Jr. | Chicago |
| Atlanta Capital Management – High Quality SMID | 13.80% | 19.02% | 17.91% | 13.3% | 21.82% | 0.59 | $5,981.1 | Team | Atlanta |
| SouthernSun Asset Management – Small Cap* | 13.55% | 21.70% | 24.76% | 14.8% | 32.45% | 0.45 | $2,282.9 | Michael W. Cook | Memphis, Tenn. |
| Netols Asset Management – Small Cap Value | 13.36% | 16.36% | 12.85% | 8.5% | 26.40% | 0.31 | $976.4 | Jeffrey W. Netols | Mequon, Wis. |
| Sterling Capital Management – Small Cap Value* | 12.99% | 11.20% | 11.05% | 10.0% | 29.39% | 0.33 | $457.7 | Team | Charlotte, N.C. |
| Palisade Capital Management LLC – Small Cap Growth Equity* | 12.91% | 14.59% | 19.73% | 13.4% | 28.80% | 0.45 | $547.9 | Sammy Oh | Fort Lee, N.J. |
| Lee Munder Capital Group – Small Cap Value | 12.84% | 14.48% | 12.10% | 10.0% | 26.50% | 0.37 | $2,362.0 | R. Todd Vingers | Boston |
| Schafer Cullen Capital Management Inc. – Small Cap Value Equity* | 12.80% | 8.58% | 12.42% | 7.5% | 25.40% | 0.28 | $203.5 | Team | New York |
| GW&K Investment Management – Small Cap Equity Strategy – Wrap | 12.76% | 18.79% | 18.15% | 11.6% | 23.30% | 0.48 | $1,490.5 | Team | Boston |
| Russell 2000 | 12.39% | 16.30% | 13.45% | 8.2% | 26.20% | 0.30 |
International global emerging-markets equity
| Product | 1Q return | 1-year return | 3-year return | 5-year return | 5-year std dev | 5-year Sharpe ratio | Assets ($M) | Manager | Location |
|---|---|---|---|---|---|---|---|---|---|
| Legg Mason Inc. – Legg Mason MDA 7A Global All Cap | 10.83% | 16.28% | 11.89% | 6.5% | 23.91% | 0.26 | $180.1 | Team | Baltimore |
| Brandes Investment Partners – Global Equity | 9.04% | 11.42% | 7.35% | -0.1% | 22.90% | -0.02 | $8,436.0 | Team | San Diego |
| Capstone Asset Management Co. – Global Equity Income | 8.78% | 10.95% | 12.06% | 7.1% | 20.21% | 0.33 | $191.3 | John Wolf | Houston |
| Capital Group Private Client Services – Global Equity* | 8.75% | 14.78% | 9.07% | 4.3% | 21.27% | 0.19 | $5,424.2 | Team | Los Angeles |
| AllianceBernstein – Global Value Equity ADR* | 8.28% | 10.71% | 4.35% | -2.9% | 28.35% | -0.11 | $2,466.8 | Sharon Fay | New York |
| WCM Investment Management – International Focused Growth | 7.19% | 9.00% | 10.26% | 8.4% | 22.50% | 0.36 | $1,562.5 | Team | Milwaukee |
| Forward Management LLC – International Dividend | 6.80% | 15.28% | 7.99% | 2.7% | 22.24% | 0.10 | $131.6 | Team | San Francisco |
| Invesco – Global Equity – SMA/Wrap | 5.37% | 9.82% | 4.66% | 1.5% | 23.11% | 0.05 | $123.2 | Team | Atlanta |
| Brandes Investment Partners – International Equity | 5.08% | 5.94% | 3.08% | -0.5% | 22.78% | -0.04 | $11,716.0 | Team | San Diego |
| NorthRoad Capital Management – International Equity | 4.88% | 12.82% | 5.19% | 0.8% | 23.46% | 0.02 | $334.9 | Team | New York |
| Denver Investment Advisors (Westcore) – International Small Cap | 4.87% | 13.85% | 18.93% | 10.6% | 28.54% | 0.36 | $1,431.3 | John Fenley | Denver |
| PNC Capital Advisors LLC – International Growth | 4.75% | 8.11% | 6.52% | 1.7% | 25.71% | 0.05 | $148.1 | Team | Baltimore |
| Harding Loevner – Global Equity ADR* | 4.73% | 6.52% | 7.60% | 3.1% | 23.39% | 0.12 | $144.9 | Team | Bridgewater, N.J. |
| Delaware Investments – International Equity ADR | 4.66% | 7.58% | 5.04% | -0.8% | 21.46% | -0.05 | $2,981.5 | Team | Philadelphia |
| Franklin Templeton Investments – Templeton Global Equity | 4.63% | 13.76% | 7.49% | 2.0% | 22.86% | 0.07 | $104.3 | Team | San Mateo, Calif. |
| Gratry & Co. – International Growth Equity | 4.63% | 10.41% | 6.60% | 1.5% | 23.63% | 0.05 | $441.7 | Team | Shaker Heights, Ohio |
| Russell Developed ex North America Large Cap | 5.16% | 11.37% | 5.17% | -0.8% | 26.54% | -0.04 | |||
| Russell Developed Large Cap | 7.97% | 12.24% | 8.73% | 2.5% | 23.99% | 0.09 | |||
| Russell Emerging Markets Large Cap | -1.53% | 1.63% | 3.62% | 1.4% | 31.36% | 0.03 |
U.S. fixed income
| Product | 1Q return | 1-year return | 3-year return | 5-year return | 5-year std dev | 5-year Sharpe ratio | Assets ($M) | Manager | Location |
|---|---|---|---|---|---|---|---|---|---|
| Principal Global Investors – Spectrum Preferred Securities | 3.10% | 11.42% | 10.41% | 7.7% | 23.17% | 0.32 | $14,680.3 | Team | Des Moines, Iowa |
| First Western Capital Management – High Yield Fixed Income | 3.05% | 13.75% | 11.99% | 11.0% | 11.87% | 0.90 | $297.5 | Steven S. Michaels | Los Angeles |
| SMH Capital Advisors, Inc. – High Yield Wrap | 2.85% | 5.70% | 8.96% | 9.9% | 21.81% | 0.44 | $752.4 | Dwayne Moyers | Fort Worth, Texas |
| Brandes Investment Partners – Enhanced Income | 2.51% | 8.34% | 7.58% | 5.0% | 11.07% | 0.42 | $102.0 | Team | San Diego |
| Seix Investment Advisors LLC – High Yield Bond Management* | 2.13% | 10.97% | 10.14% | 9.4% | 8.42% | 1.08 | $16,207.1 | Team | Upper Saddle River, N.J. |
| Payden & Rygel – High Yield | 2.08% | 12.01% | 10.59% | 8.7% | 10.97% | 0.76 | $2,410.0 | Sabur Moini | Los Angeles |
| Shenkman Capital Management, Inc. – High Yield Bond Strategy | 1.96% | 9.79% | 9.78% | 9.8% | 9.19% | 1.03 | $18,788.6 | Team | |
| Cincinnati Asset Management – High Yield | 1.64% | 10.33% | 9.69% | 8.7% | 12.07% | 0.69 | $716.8 | Team | Cincinnati |
| JAG Advisors – Enhanced Core Fixed Income* | 1.50% | 7.04% | 6.45% | 6.9% | 4.49% | 1.47 | $415.9 | Team | St. Louis |
| SMH Capital Advisors Inc. – Diversified Income Strategy | 1.43% | 5.27% | 7.59% | 8.6% | 9.26% | 0.89 | $206.5 | Team | Fort Worth, Texas |
| GW&K Investment Management – Total Return Bond Strategy | 1.35% | 9.09% | 8.74% | 9.3% | 4.57% | 1.95 | $699.9 | Team | Boston |
| Diamond Hill Capital Management Inc. – Strategic Income | 1.34% | 6.79% | 7.85% | 7.0% | 11.82% | 0.56 | $199.2 | Team | Columbus, Ohio |
| Brandes Investment Partners – Core Plus Fixed Income | 1.26% | 8.09% | 8.51% | 7.0% | 8.74% | 0.77 | $331.0 | Team | San Diego |
| Cumberland Advisors – Taxable Fixed Income | 0.93% | 6.76% | 8.64% | 7.8% | 5.09% | 1.47 | $432.2 | Team | Vineland, N.J. |
| GW&K Investment Management – Enhanced Core Bond Strategy | 0.89% | 7.41% | 7.98% | 8.5% | 4.02% | 2.04 | $762.8 | Team | Boston |
| Carret Asset Management LLC – U.S. Fixed Income Intermediate-Term Gov/Corp Bonds* | 0.88% | 4.38% | 4.53% | 4.8% | 2.89% | 1.55 | $544.3 | Team | New York |
| Barclays Aggregate | -0.12% | 3.77% | 5.52% | 5.5% | 3.38% | 1.52 |
U.S. municipals
| Product | 1Q return | 1-year return | 3-year return | 5-year return | 5-year std dev | 5-year Sharpe ratio | Assets ($M) | Manager | Location |
|---|---|---|---|---|---|---|---|---|---|
| Stonebridge Capital Advisors – Tax Exempt Fixed Income | 1.01% | 4.21% | 5.51% | 4.5% | 6.36% | 0.66 | $594.9 | Team | St. Paul, Minn. |
| PNC Capital Advisors LLC – Short-Intermediate Municipal | 0.67% | 2.57% | 3.46% | 4.0% | 2.07% | 1.75 | $911.6 | Team | Baltimore |
| Eaton Vance – Intermediate Municipal | 0.60% | 3.94% | 5.06% | 5.2% | 3.61% | 1.34 | $2,514.8 | Team | Boston |
| Dana Investment Advisors Inc. – Municipal Bond | 0.59% | 2.68% | 3.53% | 4.0% | 2.00% | 1.85 | $294.9 | Team | Brookfield, Wis. |
| Capstone Asset Management Co. – Municipal Fixed Income | 0.56% | 2.66% | 3.62% | 4.1% | 2.73% | 1.38 | $306.2 | Team | Houston |
| PNC Capital Advisors LLC – Short Municipal | 0.55% | 1.35% | 1.85% | 2.8% | 1.34% | 1.81 | $480.6 | Team | Baltimore |
| Appleton Partners – Short Term Municipal Bond* | 0.52% | 1.90% | 2.80% | 3.3% | 1.59% | 1.88 | $457.5 | Team | Boston |
| PNC Capital Advisors LLC – Intermediate Municipal | 0.50% | 4.29% | 5.90% | 6.0% | 4.26% | 1.33 | $1,362.1 | Team | Baltimore |
| Legg Mason Inc. – Western Asset Current Market Muni | 0.48% | 2.56% | 3.76% | 4.3% | 2.65% | 1.51 | $2,372.5 | Team | Baltimore |
| Abner Herrman & Brock Asset Management – Municipal Bond | 0.46% | 2.83% | 3.98% | 4.6% | 2.89% | 1.49 | $467.5 | Team | Jersey City, N.J. |
| Nuveen Asset Management – Limited-Maturity Municipal Bond | 0.46% | 2.85% | 4.08% | 4.3% | 2.58% | 1.54 | $8,733.5 | Team | Chicago |
| Breckinridge Capital Advisors Inc. – Limited-Term Tax-Efficient Bond Strategy | 0.43% | 1.64% | 2.46% | 2.8% | 1.33% | 1.84 | $1,281.1 | Team | Boston |
| Wasmer Schroeder & Co. Inc. – Intermediate Tax Exempt Fixed Income | 0.43% | 3.67% | 4.86% | 4.8% | 2.89% | 1.53 | $2,193.6 | Team | Naples, Fla. |
| Appleton Partners – Tax-Exempt Municipal | 0.39% | 3.91% | 5.45% | 5.5% | 3.53% | 1.45 | $3,831.8 | Team | Boston |
| Eaton Vance – Long Municipal Bonds | 0.35% | 6.15% | 6.97% | 6.8% | 6.64% | 0.96 | $13,543.4 | Team | Boston |
| GW&K Investment Management – Municipal Bond Strategy | 0.35% | 5.55% | 7.14% | 6.8% | 5.26% | 1.22 | $11,497.4 | Team | Boston |
| Barclays Municipal Bond | 0.29% | 5.25% | 6.23% | 6.1% | 5.04% | 1.14 | |||
| *Preliminary. The separately managed account products listed in these tables generated the highest performance for the quarter ended March 31. Rankings are based on performance reported to the PrimaGuide research application by May 3. In 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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