CHICAGO, March 4, 2011 /PRNewswire/ -- The Zacks Rank Strategy has made PSN's Top Guns of the Decade in the All Cap Core Equity Universe. This rank was awarded to the top ten performing firms in their peer group for the ten year period ending December 31st, 2010. This new accolade for the Rank Strategy from PSN is in addition to the distinction the Rank Strategy won just one short year ago for Manager of the Decade. These recurrent recognitions for our flagship strategy is a testament to our superior strategy performance, and came as no surprise given our strict adherence to a fundamental investing philosophy based on earnings. Generating strong returns in volatile market environments, such as these, requires discipline, skill and adherence to a stock selection philosophy. Today, accolades rewarding investment managers, who unearth opportunities in the equities market, are few and far between.
Zacks Investment Management, a boutique investment management firm, was honored for the market beating performance of their Rank Strategy. The Zacks Rank Strategy's objective is to provide risk-adjusted returns and diversification benefits relative to the S&P 500. The strategy relies upon a bottom up fundamental stock selection process coupled with our proprietary quantitative stock screening model.
PSN, produced by Informa Investment Solutions, is one of the leading investment manager search and evaluation databases to be offered industry wide. PSN tracks more than 1,600 money management firms and over 7,000 investment products. Since 1984, firms included in PSN are the major players of the investment management business. For more information regarding the Top Guns List, you can visit http://www.informais.com.
About Zacks Investment Management
Zacks Investment Management is a wholly owned subsidiary of Zacks Investment Research, one of the largest providers of independent research in the U.S. We are an expert in the practice of using earnings estimates in the investment process.
Client portfolios are managed using a unique combination of Zacks independent research and Zacks quantitative models that have been proven year after year to deliver superior results. Zacks Investment Management is a Registered Investment Advisor. For more information please visit http://www.ZacksWMG.com.
Past Performance is no guarantee of future results. Results for the Zacks Rank Strategy reflect the reinvestment of dividends and other earnings. Individual results may differ. The results submitted to PSN portray the performance history for a representative managed separate account gross of fees.
This press release is distributed for informational purposes only; to notify readers of a PSN ranking. The results submitted to PSN portray the performance history for a representative managed separate account gross of fees, and do not include the deduction of investment advisory fees. An investor's actual return will be reduced by the advisory fees and any other expenses which may be incurred in the management of an investment advisory account. Upon request, Zacks Investment Management will provide gross and net performance information for the Rank Strategy.
PSN and Informa Investment Solutions have no affiliation with Zacks, but rather evaluate investment managers' performance on an objective basis. Products must have an R-Squared of 0.80 or greater relative to the style benchmark for the latest ten year period ending December 31, 2010. Moreover, products must have returns greater than the style benchmark for the latest ten year period ending December 31, 2010. At this point, the top ten performers for the latest ten year period become the TOP GUNS OF THE DECADE.
Zacks Investment Management is represented by the following individuals:
Andrew Bresnahan – Chicago; Herb Brown – San Francisco; Phil Carter – New York; Mark DeProspero – St Louis; Jay Falini – New Jersey; Brad Gaglione – Connecticut & Rhode Island; Tim Harper – Orlando; Jeffrey Haskin – Chicago; Greg Huffman – Virginia; Alex Insley – Chicago; Michael Jazo – Chicago; Dave Kecskes – Cincinnati; John Kelly – Minneapolis; Rashid Kourany – Indianapolis; Brian Langenkamp – Chicago; Randy LeClair – North Carolina; Wayne Lockwood – Seattle; Ron Lyke – Detroit; Brad Miksek – Dallas/Ft. Worth; Rob Patti – Atlanta; Joe Peck – Washington D.C; Mark Rafaloff – New York; Paula Sauer – Chicago; Matthew Schaeffer – New York; Casper Terpinski – Houston; Christian Whittemore – Chicago; Larry Zerg – Los Angeles.
Robert J. Coulton
SOURCE Zacks Investment Research, Inc.