RYE BROOK, N.Y., May 24, 2016 /PRNewswire/ -- Informa Investment Solutions PSN announced Belle Haven Investments' Muni PLUS strategy has attained PSN Top Guns Manager of the Decade recognition among the PSN Municipal Fixed Income Universe for the quarter ending December 31, 2015.
"We are honored to be recognized in the Municipal Fixed Income Universe as a Top Guns Manager of the Decade," said Matt Dalton, CEO of Belle Haven Investments. "It's a testament to the firm's hard work and disciplined approach."
Based in Rye Brook, New York, Belle Haven Investments is an independent, money manager specializing in separately managed taxable and tax-exempt portfolios. Belle Haven has been managing portfolios since 2002. The firm is uniquely committed to serving Consultants and Advisors along with the Institutions, Foundations, Family Offices and High Net Worth individuals whom they represent. The team's expertise and focus in one asset class have resulted in award-winning strategies. Belle Haven is a Registered Investment Advisor with the Securities Exchange Commission (SEC).
Criteria: The PSN universes were created using the information collected through the PSN investment manager questionnaire and use only gross of fee returns. Mutual fund and commingled fund products are not included in the universe. PSN Top Guns investment managers must claim that they are GIPS compliant. Products must have an R-Squared of 0.80 or greater relative to the style benchmark for the ten year period ending DECEMBER 31, 2015. Moreover, products must have returns greater than the style benchmark for the ten year period ending DECEMBER 31, 2015 and also Standard Deviation less than the style benchmark for the ten year period ending DECEMBER 31, 2015. At this point, the top ten performers for the latest 10 year period ending DECEMBER 31, 2015 become the PSN Top Guns Manager of the Decade.
Past performance does not guarantee results. Municipal bond prices can rise or fall depending on interest rates. Interest rate changes generally have a greater effect on long-term bond prices. All municipal bonds carry credit risk that the issuer will default or be unable to make timely payments of interest and principal. Generally, lower rated bonds carry more credit risk.
CONTACT: Greg Morel, 914-816-4633, [email protected]
SOURCE Belle Haven Investments