Zacks` Market Neutral Strategy Earns PSN Top Guns Ranking
* Reuters is not responsible for the content in this press release.
CHICAGO--(Business Wire)-- The Zacks Market Neutral Strategy joined the ranks of other veteran Zacks strategies on PSN`s Top Guns List in the All Cap Core Equities Market Neutral Universe. This rank was awarded to the top ten performing firms in their peer group for this choice type of investment strategy for the three months ending March 31st, 2009. Zacks Investment Management, a boutique investment management firm, was honored for the steady performance of their Market Neutral Strategy through the first quarter of 2009. The Zacks Market Neutral Strategy is designed to perform well in any market environment, and when added to a portfolio, it can reduce the overall risk. A market neutral strategy is one that seeks to remove the risk involved in the equity market by simultaneously investing in a long portfolio (stocks anticipated to appreciate in price), and a short portfolio (stocks anticipated to decline in price). In this type of strategy a manager, seeks to minimize the potential impact of market risk from the portfolio. "By maintaining strict neutrality, we seek to produce positive returns in both rising and declining markets," -Mitch Zacks, Senior Portfolio Manager About Zacks Investment Management Zacks Investment Management is a wholly owned subsidiary of Zacks Investment Research, one of the largest providers of independent research in the U.S. Zacks Investment Management is an expert in the practice of using earnings estimates in the investment process. Client portfolios are managed using a combination of Zacks independent research and Zacks quantitative models. Zacks Investment Management is a Registered Investment Advisor. For more information please visit www.ZacksWMG.com. Disclosure: Past Performance is no guarantee of future results. Results for the Zacks Market Neutral Strategy reflect the reinvestment of dividends and other earnings. Individual results may differ. The results submitted to PSN portray the performance history for a representative managed separate account gross of fees. PSN and Informa Investment Solutions have no affiliation with Zacks, but rather evaluate investment managers' performance on an objective basis. Zacks: Media and Individual Investors: Robert J. Coulton, 312-265-9263 rcoulton@zacks.com Copyright Business Wire 2009
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.


Follow Reuters