ClearArc Capital announced today it has been recognized with Top Guns status by Informa Investment Solutions' PSN manager database. Three of the firm's strategies were among the top 10 performers within one or more peer groups reporting to the PSN database. Utilizing a proprietary blend of Informa Investment Solutions' top priority performance screens, PSN Top Guns ranks products in six proprietary star categories in over 50 universes.
Mitch Stapley, CFA, Chief Investment Officer for ClearArc Capital states, "It is an honor to be recognized by Informa, especially across three of our strategies which we feel is indicative of the experience, depth, and chemistry of our investment team. Our Strategic Income Plus and Core Plus Fixed Income strategies continue to garner attention with our focus on providing high income, lessening correlation to traditional fixed income, and our risk management capabilities. In addition, our liquidity strategies are very customized based on client investment flexibility and cash flow needs. We are proud that our risk management approach helped lead us to the top ranking in the PSN Short Maturity universe for the period. We continue to maintain an eye on risk given the uncertainty in today's markets and look forward to helping our clients meet their investment goals."
For the first quarter, the Core Plus Universe consisted of 104 firms and 136 products. The Short Maturity Universe consisted of 153 firms and 254 products.
According to Informa Investment Solutions' PSN manager database ranking system, products in the 5 and 6-Star category must have an R-Squared of 0.80 or greater relative to the style benchmark for the recent five-year period. Moreover, products must have returns greater than the style benchmark for the three latest three-year rolling periods. After that they select only the products which standard deviation for the five-year period is 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, while the top ten information ratios for the latest five-year period then become the 6-Star Top Guns. Products earn the 1-Star rating as top ten performers within their respective universes, based on quarterly returns.
"We congratulate ClearArc Capital on their distinction as a PSN Top Gun. This highly anticipated quarterly ranking recognizes elite performers on the leading investment manager database in North America and is widely used by institutional asset managers and investors across our platform," said Leno Toich, Managing Director of Informa Investment Solutions. "PSN Top Guns ranks products in six proprietary star categories in over 50 universes."
The complete list of PSN Top Guns and an overview of the methodology can be located on http://www.informais.com/resources/psn-top-guns. For more details on the methodology behind the PSN Top Guns Rankings or to purchase PSN Top Guns Reports, contact Ruth Calderon at ruth.calderon@informais.com.
ClearArc Capital, Inc. provides investment strategies designed to meet the evolving needs of institutional clients. The firm offers a unique approach that includes research across capital structures in the search for income and return. Through specialized investment teams that are highly adaptive to today's markets, ClearArc Capital maintains a primary focus on client success.