Athena Pure Valuation | Profitability earned the Bull & Bear Masters award on PSN's Top Guns List.
DENVER, June 6, 2023 /PRNewswire-PRWeb/ -- AthenaInvest announced today it has been named to the celebrated PSN Top Guns List of best performing separate accounts, managed accounts, and managed ETF strategies for Q1 2023. The highly anticipated list, published by Zephyr, remains one of the most important references for investors and asset managers.
"With the growing interest in separately managed accounts, the PSN Top Guns List has attracted greater attention," says Margaret Tobiasen, SVP of Data Distribution who cites PSN's pioneering efforts as the first SMA database as the reason for the list's popularity. "AthenaInvest has done remarkable work and we are pleased to include them as a top performer."
The Athena Pure Valuation | Profitability strategy was awarded the following:
- Bull & Bear Masters All Cap Value Universe awarded strategies had an r-squared of 0.80 or greater relative to the style benchmark for a three-year period. Moreover, the strategy had an upside market capture over 100 and a downside market capture less than 100 relative to the style benchmark. The top ten ratios of Upside Capture Ratio over Downside Capture Ratio become the PSN Bull & Bear Masters.
- Profit 3 Stars All Cap Value Universe and the Profit 3 Stars All Cap Universe awarded strategies had one of the top ten returns for the three-year period in their respective strategy.
For the Athena Pure Valuation | Profitability strategy, behavioral factors of management, analyst and creditor confidence are used in the investment process. The portfolio manager invests in stocks which pay dividends and have attractive valuation ratios along with leveraged balance sheets. Such stocks can be overlooked by investors and often can be purchased at attractive valuations. The portfolio also prefers stocks which are strategy categorized as either Valuation or Profitability along with sector diversification to decrease industry concentration risk.
AthenaInvest is a leader in Behavioral Portfolio Management with a patented research process built on a deep academic foundation. Led by C. Thomas Howard, PhD, CEO and Director of Research, the firm's unique investment approach is known as Behavioral Portfolio Management (BPM) and is based on proprietary research developed over 35 years of interaction with leading academics and Institutional managers.
Andrew C. Howard, Portfolio Manager stated, "We are very pleased to receive these honors from PSN. The fact that our Pure Valuation | Profitability strategy was recognized validates the effectiveness of our unique behavioral approach" Andrew C. Howard and C. Thomas Howard, PhD have been managing the strategy since July 2002. "Receiving PSN Bull/Bear Masters for All Cap Value Universe is a testament to our innovative strategy and high conviction active management," said Professor Howard.
AthenaInvest's investment process is informed by the company's proprietary, patented database, comprising comprehensive fund and stock data going back to 1997. Andrew C. Howard, Portfolio Manager, and architect of the firm's research platform, uses the research platform to apply behavioral finance principles to investment management.
Through a combination PSN's proprietary performance screens, the PSN Top Guns List ranks products in six proprietary categories in over 75 universes based on continued performance over time.
The complete list of PSN Top Guns and an overview of the methodology can be located at https://psn.fi.informais.com/. Registration required.
About AthenaInvest Advisors LLC
AthenaInvest is a boutique asset manager that specializes in the application of behavioral finance to investment management. The firm offers innovative behavioral investment strategies. AthenaInvest utilizes its deep academic foundation and patented behavioral research platform to identify unique behavioral investment opportunities. Learn more at http://www.athenainvest.com.
For nearly four decades, PSN has been a top resource for investment professionals. Asset managers rely on Zephyr's PSN to effectively reach institutional and retail investors rely. Over 2,800 firms, 285 universes, and more than 21,000 products comprise the PSN SMA database showing asset breakdowns, compliance, key personnel, ownership diversity, ESG, business objectives and strategy, style, fees, GIC sectors, fixed income ranges and full holdings. Unique to PSN is its robust historical database of nearly 40 Years of Data Including Net and Gross-of-Fee Returns. For more details on the methodology behind the PSN Top Guns Rankings or to purchase PSN Top Guns Reports, contact Margaret Tobiasen at [email protected]. Visit PSN online to learn more.
Lambert Bunker, AthenaInvest, (877) 430-5675, [email protected]