Cornerstone Named as PSN Top Gun Manager of the Decade
CHICAGO, IL – Congratulations to Aston subadviser Cornerstone Investment Partners, LLC. (“Cornerstone”) on achieving Top Guns status within the Informa Investment Solutions’ PSN database for the decade ending December 31, 2013. The award signifies that Cornerstone’s Concentrated 30 strategy is among the top-10 performers in its PSN universe.
Based in Atlanta, Georgia, Cornerstone was founded on the belief that a small independent group of experienced investors can provide investment excellence and exceptional client service.
Aston Asset Management, LP
Headquartered in Chicago, Illinois, Aston provides investment management services to the mutual fund and managed accounts markets by carefully selecting, monitoring and marketing experienced boutique investment managers, who seek to achieve consistent investment performance using disciplined investment processes and best in class business standards. From the initial due diligence on an investment manager to the launching of a new Aston Fund, we take measured steps to ensure congruence between the requirements of Aston, the capabilities of the subadviser and the needs of clients. As of February 28, 2014, Aston is the adviser to twenty-three mutual funds with total net assets of approximately $15.9 billion. Our funds are distributed nationally through intermediaries including registered investment advisors, model platforms, broker-dealers, consultants, retirement platforms and wealth management teams.
About PSN’s Manager of the Decade
Top Guns of The Decade Criteria: The PSN universes were created using the information collected through the PSN investment manager questionnaire and use only gross of fee returns. PSN Top Guns investment managers must claim that they are GIPs compliant. Mutual fund and commingled fund products are not included in the universe. Products must have an R-Squared of 0.80 or greater relative to the style benchmark for the latest 10-year period. Moreover, products must have returns greater than the style benchmark for the latest 10-year period and also Standard Deviation less than the style benchmark for the latest ten year period. At this point, the top-10 performers for the latest 10-year period become the PSN Top Guns of the Decade.