Zephyr Unveils Q3 Top Guns List, Showcasing Exceptional Strategies
Record Highs and Exceptional Returns Across Global Markets
Zephyr, a renowned leader in asset and wealth management software, has released its highly anticipated PSN Top Guns List for Q3 2025. This list serves as a valuable resource for plan sponsors, investors, and asset managers, as it highlights top-performing separate accounts, managed accounts, and managed ETF strategies. Each quarter, the list establishes benchmarks for investment excellence.
Nick Williams, PSN Product Manager, noted, "Q3 2025 delivered strong broad-based market gains, creating opportunities for skilled active managers. PSN Top Guns managers excelled by capitalizing on the market's broadening rally and navigating the Fed's policy pivot effectively. Their strategic positioning across various asset classes reflects the critical value of active management in separately managed accounts (SMAs)."
Zephyr's PSN platform connects asset and wealth managers with both institutional and retail investors. The PSN SMA database houses over 2,800 firms, 285 universes, and more than 21,000 products, capturing essential details like asset breakdowns, compliance, and key personnel. With an extensive historical database that spans more than 40 years, PSN provides critical insights, including net and gross-of-fee returns.
This quarter's PSN Top Guns list was analyzed by Zephyr's Market Strategist, Ryan Nauman, who remarked on strong equity performance driven by advancements in artificial intelligence and technology, coupled with anticipated interest rate cuts and solid corporate earnings. He said, "Investors have shown remarkable resilience despite ongoing uncertainties in policy, trade tensions, persistent inflation, and elevated valuations."
Throughout this quarter, Nauman reviewed three universes, showcasing the outstanding strategies within the PSN Top Guns Small Cap Universe:
Top Small Cap Strategies
- White Pine Capital, LLC.: Small Cap (+25.7% for the quarter)
- Advisory Research, Inc.: Partners (+24.3% for the quarter)
- Old West Investment Management, LLC: Old West Small Cap (+21.7% for the quarter)
Additionally, several strategies made it to the PSN Top Guns list in the International Equity Universe:
International Equity Strategies
- RBC Global Asset Management: RBC China Equity (+31.9% for the quarter)
- Fisher Investments: China A-Share Equity (+27.6% for the quarter)
- Baillie Gifford Overseas Limited: China Equities (+24.6% for the quarter)
Furthermore, here are strategies that impressed in the PSN Top Guns Municipals Universe:
Municipal Strategies
- Richmond Capital Management: Opportunistic Muni CEF SMA (+5.2% for the quarter)
- MacKay Shields LLC: Municipal New York (+3.9% for the quarter)
- Columbia Threadneedle Investments: US Strategic Municipal Income (+3.9% for the quarter)
To broaden the outreach of PSN contributors, Zephyr has introduced an extensive promotional and market intelligence package program called the PSN Manager Advantage. The promotional package encompasses digital coverage and brand publicity, offering ongoing marketing support and a dedicated landing page aimed at educating visitors about individual SMAs. The market intelligence package entails actionable market insights sourced from the PSN Database, amplifying visibility and branding.
In addition to the PSN Manager Advantage, PSN has recently launched the "Inside SMAs" podcast, providing a dynamic space for discussions on SMA strategies, market trends, and industry insights. This engaging series assembles thought leaders to explore the evolving landscape of separately managed accounts. Interested individuals can inquire about guest appearances on the podcast through Zephyr's contact channels.
As more details unfold, Ryan Nauman's complete Q3 2025 Top Guns Commentary is made available on the company's website. The full PSN Top Guns list along with a methodology overview is also accessible for those interested in understanding the metrics and benchmarks behind these successful strategies.
About PSN
For over four decades, PSN has been a top resource for asset and wealth managers. Asset managers turn to Zephyr's PSN platform to effectively reach both institutional and retail investors. The PSN SMA database comprises over 2,800 firms, 285 universes, and 21,000 products, demonstrating the diversity and specialization in asset management. Unique to PSN is a robust historical database that encompasses over 40 years of data around net and gross-of-fee returns.
About Zephyr
Zephyr's award-winning asset and wealth management software facilitates portfolio construction, proposal generation, advanced analytics, asset allocation, manager screening, risk analysis, and more. By converting complex data into clear insights, the technology empowers financial professionals to expertly navigate both bullish and bearish conditions in the market. Zephyr was honored with the 2025 FinTech Breakthrough Award for Best Wealth Management Company and has been recognized for its cutting-edge analytics platform.
Frequently Asked Questions
What is the PSN Top Guns List?
The PSN Top Guns List showcases the best-performing separate accounts, managed accounts, and managed ETF strategies, offering insights for investors and asset managers.
How does Zephyr support asset managers?
Zephyr provides tools and resources like the PSN platform that connects asset managers with investors, showcasing their strategies and performance effectively.
What is included in the PSN SMA database?
The PSN SMA database contains data on over 2,800 firms and includes product details, asset breakdowns, compliance information, and key personnel.
How long has PSN been established?
PSN has been a reputable resource for asset and wealth managers for over 40 years, providing historical data and market insights.
What is the significance of the Top Guns list?
The Top Guns list helps investors and asset managers identify top-performing strategies in the market, facilitating informed investment decisions.
