The top-performing SMAs: International, global, emerging-markets equity
Rank Product 1Q return 1-year return 3-year return 5-year return 5-year std…
| Rank | Product | 1Q return | 1-year return | 3-year return | 5-year return | 5-year std dev | 5-year Sharpe ratio | Product assets ($M) | Manager | Location |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Lazard Asset Management – Emerging Markets Equity Select ADR (SMA) | 15.67% | 0.10% | 28.68% | 4.93% | 30.96% | 0.12 | $2,341.2 | Team | New York |
| 2 | Brandes Investment Partners – Emerging Markets Equity | 15.62% | -9.88% | 33.75% | 7.77% | 34.59% | 0.19 | $2,104.0 | Team | San Diego |
| 3 | Newgate Capital Management – Emerging Markets | 15.60% | -15.49% | 18.48% | 2.33% | 31.38% | 0.03 | $1,425.2 | Team | Greenwich, Conn. |
| 4 | HGK Asset Management – International Equity | 15.15% | -7.23% | 19.33% | 0.65% | 25.59% | -0.02 | $427.9 | Richard Bruce | Jersey City, N.J. |
| 5 | Lazard Asset Management – Global Equity Select ADR (SMA) | 14.89% | 8.09% | 19.77% | 1.65% | 21.06% | 0.02 | $1,342.1 | Team | New York |
| 6 | Aberdeen Asset Management – Asia Pacific Ex-Japan Equity | 14.87% | 1.50% | 31.88% | 9.08% | 28.48% | 0.28 | $29,845.0 | Team | Philadelphia |
| 7 | Pictet Asset Management – International Equity Fund LLC CF | 14.72% | -4.83% | 22.22% | -3.59% | 30.60% | -0.16 | $255.3 | Team | Montreal |
| 8 | Thornburg Investment Management – Thornburg International ADR | 13.99% | -5.62% | 19.91% | 2.09% | 25.34% | 0.03 | $5,055.4 | Team | Santa Fe, N.M. |
| 9 | Genesis Investment Management LLP – Emerging Markets Commingled Fund | 13.87% | -3.91% | 33.99% | 8.85% | 32.79% | 0.23 | $7,592.3 | Team | London |
| 10 | Scout Investments – Scout International | 13.85% | -2.37% | 21.03% | 2.45% | 25.19% | 0.05 | $7,206.0 | Team | Kansas City, Mo. |
The separately managed account products listed in these tables generated the highest performance for the quarter ended March 31. Rankings are based on performance reported to Prima by April 27, 2012. In case of ties, products are listed alphabetically. Past performance is not a guarantee of future results, and advisers should rely on additional factors when determining whether to include SMAs in their client portfolios. Prima’s SMA universe isn’t intended to be all-inclusive but rather represents a diversified group of products that are available to, and suitable for, the affluent retail investor. Source: Prima Capital
Learn more about reprints and licensing for this article.
