SAN ANTONIO, TEXAS – December 8, 2016 – South Texas Money Management announced it was named one of “Top Guns” for investment performance by Informa Investment Solutions (IIS) in the 5 Star category for the three year period ended September 30, 2016.
Jeanie Wyatt, CEO & Chief Investment Officer of South Texas Money Management said, “We are very pleased with this Top Guns recognition. This ranking by PSN measures portfolio downside returns as well as upside returns which makes it unique. Preserving our clients assets is very important to STMM.”
Jim Kee, Ph.D., President and Chief Economist added, “This is a great result and a gratifying outcome of our disciplined investment process. It is also a reflection of our 63 committed STMM employees who come in and work hard every single day for our clients. I am very proud of our professionals who include 9 CFA® charterholders, 5 CFP® professionals, 10 MBAs, 2 JDs, one CPA and one Ph.D.”
About PSN Top Guns Ranking
5 STAR CATEGORY: The peer groups were created using the information collected through the PSN investment manager questionnaire and uses only gross of fee returns. PSN Top Guns investment managers must claim that they are GIPs compliant. Products must have an R-Squared of 0.80 or greater relative to the style benchmark for the recent five year period. Moreover, products must have returns greater than the style benchmark for the three latest three-year rolling periods. After that we select only the products which standard deviation for the five-year period is equal or less than the median standard deviation for the peer group. The top ten returns for the latest three-year period then become the TOP GUNS.
About South Texas Money Management
STMM was founded in 2000 by Jeanie Wyatt, CFA®. Today, STMM manages over $2.8 billion in assets (as of 9/30/2016), including equity, fixed income, and balanced asset classes, for individuals, trusts, retirement plans, charitable foundations and endowments, as well as for bank trust departments and other institutions. Based in San Antonio, STMM has additional offices in Austin, Houston, Dallas and Corpus Christi.
Posted on Wed, December 14, 2016
by Danny Aleman