The latest top ranked equity and fixed income managers in Nelson Information’s World’s Best Money Managers included:
US Equity – All Styles
Firm: Lang Asset Management
Product: Hedged Managed Accounts
2Q02 Annualized Percent Return: 16.66%
US Fixed Income – All Styles
Firm: Singleterry & Company
Product: Singleterry Mortgage Fund, LLC
2Q02 Annualized Percent Return: 17.06%
International Equity – All Mandates
Firm: Lazard Asset Management
Product: Lazard European Tech. Opportunities, Ltd.
2Q02 Percent Return: 34.81%
International Fixed Income – All Mandates
Firm: Bridgewater Associates
Product: Non-US Bond Unhedged
2Q02 Percent Return: 16.30%
Due to the increased market for hedge products, Nelsons added three new ranking categories in the latest quarter: US Hedged Equity, US Short Equity, US Market Neutral Equity, Thomson said.
World’s Best Money Managers analyzes the performance of 1,500 money managers and over 4,500 portfolios in more than 200 categories and 40 investment styles and time periods. Performance rankings for last quarter and one-, three-, five-and 10-year periods come from Nelson’s Investment Manager Database.
The ranking includes those who handle accounts for high net worth individuals, Thomson said.
All managers ranked in World’s Best Money Managers must meet specific requirements with regard to calculations, cash reserves and assets under management, Thomson Financial said in its announcement press release.
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