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Clear Asset Management's Large Cap Value Portfolio Ranked Top Two-Year Performer Clear Asset Management LLC (ClearAM), an asset management and equity research firm, announced today that its Large Cap Value Portfolio was the top-ranked investment product in the PSN database for the two-year period ending December 31, 2006. New York, NY (PRWeb) February 14, 2007 -- Clear Asset Management LLC (www.clearam.com) (ClearAM), an asset management and equity research firm, announced today that its Large Cap Value Portfolio was the top-ranked investment product in the PSN database for the two-year period ending December 31, 2006.
The database, published by Informa Investment Solutions, rates over 10,000 investment products offered by the major investment managers. ClearAM's Large Cap Value Portfolio (www.clearam.com) posted an average annualized return of 26.73%, ranking it number one out of 414 large cap value products reported by 282 managers over the two-year period. The portfolio posted a 29.32% one year return placing it sixth in PSN’s 2006 rankings. The ranking are determined based on quarterly returns net of fees.
"This recognition is a particular accomplishment and further testament to our disciplined investment process, which is centered on our proprietary multifactor model," said Andrew Corn, CEO of Clear Asset Management (www.clearam.com).
Since 1984, Informa Investment Solutions, of White Plains, NY, has produced PSN, which is populated by the majority of the institutional investment managers and is an industry standard tool for institutional investors and consultants. The complete PSN List can be found at (http://www.informais.com/psn.htm).
About Clear Asset Management (www.clearam.com) Clear Asset Management offers seven stock style portfolios to institutions, financial intermediaries and individuals in separately managed accounts. Portfolio construction and stock selection is performed utilizing its proprietary multifactor models that screen, rank and weight stocks. Transparency, risk management and a focus on delivering consistent long-term results while avoiding the human bias and conflicts of interest that have plagued Wall Street and the fund industry all set ClearAM apart. ClearAM is a Registered Investment Advisor. For more information, please see www.clearam.com.
Disclosure: ClearAM's performance is the total return, net of fees, of a model portfolio consisting of stocks ranked and weighted by Clear Asset Management’s proprietary multifactor models. Results reflect the reinvestment of dividends and other earnings.
Contact: Wendy Marx 203-445-2850
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