Westport Resources, a leading independent investment and financial planning firm serving individuals, families, municipalities and institutions around the world, is pleased to announce that several of its proprietary investment strategies received top rankings through the fourth quarter of 2013 from investment research firms Informa Investment Solutions and Morningstar.
From Informa’s PSN manager ranking database (the
longest running investment manager database in North America), Westport
Resources’ Special Income and Fixed Income strategies (managed by Joseph
Tatusko) are impressively ranked “Top Gun Best of the Best.” The Special
Income strategy – within the Global Fixed Income Universe – ranked first for
the fourth quarter of 2013 as well as for 2013 entirely. Additionally, it
ranked fourth for the past three-year period. The firm’s Fixed Income strategy
– within the Core Fixed Universe – ranked fourth for the fourth quarter of 2013
and seventh for 2013 entirely. “Top Gun” status means the strategy was
among the top ten performers in its respective peer group or “universe.”
Morningstar, Westport Resources’ Absolute Total Returns (Long/Short Equity) strategy
(managed by Shawn Blau) received a ranking of four stars (out of five) “overall.”
It is also four-star ranked for the past three years and, most impressively, five-star
ranked for the past five years. Additionally, Westport Resources’ Special
Income (Aggressive Allocation) strategy (managed by Tatusko) is ranked four
stars “overall” as well as for the past three years.
Morningstar rates investment strategies from one to five stars based on how well they've performed in comparison to similar strategies. Within each Morningstar category, the top 10 percent of strategies receive 5 stars and the next 22.5 percent receive 4 stars. Strategies are rated for up to 3 time periods (3, 5 and 10 years) and these ratings are combined to produce an overall rating.
“Kudos to Shawn and Joe for maintaining such a consistent level of excellence in their work,” John Vaccaro, CEO of Westport Resources, said. “Their efforts greatly benefit our clients