Financial Intelligence is part of the Informa Intelligence Division of Informa PLC
This is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.
Domestic markets continued to stiff arm obstacles, as they reached new highs during the third quarter, fending off devastating hurricanes, political unrest with North Korea, gridlock over fiscal policy, increased tension with Russia, and the upcoming Federal Reserve balance sheet tapering. Regardless of the obstacles, corporate earnings continued to improve, and the global economy expanded, resulting in solid quarterly gains for the major global indexes (MSCI World index +4.96% for the third quarter), and pushing year-to-date returns into the double digits (MSCI World index +16.53% YTD).
Higher than expected corporate earnings during the quarter provided tailwinds for domestic equities. Growth funds, benefiting from a robust quarter for the information technology sector, continued to outpace value funds across the size spectrum. Large growth funds, measured by the Russell 1000 Growth index, continued its stellar year with a +5.90% return during the quarter. Below are some of the strategies that make up the PSN Top Guns Large Cap Growth Universe.
The third quarter marked the sixth consecutive quarter of economic growth for the expanding Japanese economy. An increase in inflation and household spending, along with low unemployment rates, attributed to a 4.1% increase for the MSCI Japan index during the quarter, a solid number on its own, but lagged most other developed markets. The following strategies made the PSN Top Guns list for the Japan Universe.
The Federal Reserve held off on hiking rates during the quarter, however, their announced plan to taper their balance sheet pushed rates higher across the Treasury yield curve, which also flattened during the quarter. Fixed income sectors posted positive gains across the board, while high yield bonds lead the way (BofA Merrill Lynch High Yield index +2.03%), benefiting from rising corporate earnings, and oil prices. Below are some of the strategies that make up the PSN Top Guns High Yield Universe.
The complete list of PSN Top Guns, and an overview of the methodology, can be located on www.informais.com under the “Resources” tab. If you do not have a login, you may register for complimentary access. 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.
Ryan Nauman
VP, Product and Market Strategist
Informa Investment Solutions
Tel: (800) 789-5323
Ryan.Nauman@informais.com
www.informais.com
Flow and Allocation data provides a unique view on investor and fund manager sentiment through its mutual fund and ETF flows and positioning data across global markets, helping buy and sell-side institutions make informed decisions.
“For portfolio investors, [portfolio flows] data from… EPFR… have a powerful appeal. According to one strategist, 'it is almost a crutch – they want to know the data, just because this is their business.'” –Source: Flows have powerful appeal, even as picture of the past, Financial Times
Serving institutional clients worldwide, we provide premier data for competitive intelligence and money market fund analysis delivering fast, accurate information for more than 2,000 US and offshore money funds as well as for ultrashort bonds.
You need to constantly demonstrate your value in today’s competitive marketplace to show you are the investment professional of choice. Powerful web-based tools can help you make sound investment decisions and create compelling client presentations to deliver the advantage you need to build your business. That’s Zephyr—your smartest investment yet!
Looking for more products Product Finder
Sample data or analysis
Would you like to request sample data or analysis from Informa Financial Intelligence?
Request a live demo
