Quarterly PSN Top Guns List published by Zephyr identifies best-in-class separate accounts, managed accounts, and managed ETF strategies.
Los Angeles, California—May 19, 2025— L&S Advisors, Inc. announced today it has been named to the celebrated PSN Top Guns List of best performing separate accounts, managed accounts, and managed ETF strategies for Q4 2025. The highly anticipated list, published by Zephyr, remains one of the most important references for investors and asset managers.
“Q1 2025 presented a fascinating market narrative marked by significant rotation and global shifts. Success demanded adaptability, deep market understanding, and strategic positioning,” says PSN Product Manager Nick Williams. “PSN Top Guns managers demonstrated exceptional skill in navigating these complex dynamics, where value sectors outperformed growth, international markets showed strength, and policy shifts created both challenges and opportunities. Their expertise in reading and responding to these evolving market conditions continues to showcase the enduring value of active management in separately managed accounts.”
L&S High Yield Fixed Income and L&S Short-Duration High Yield are co-managed by Portfolio Manager and Director of Research Matthew Nussbaum, CFA and Chief Investment Officer Rick Scott.
Through a combination PSN’s proprietary performance screens, the PSN Top Guns List ranks products in six proprietary categories in over 75 universes based on continued performance over time.
L&S strategies were honored with the following distinctions:
L&S High Yield Fixed Income
3 Star Category ★★★ High Yield Universe
L&S Short-Duration High Yield
3 Star Category ★★★ High Yield Universe
[3-Star Category:] had one of the top ten returns for the three-year period in their respective strategy.
About L&S Advisors, Inc.
L&S Advisors, Inc. is a registered investment advisor (RIA) headquartered in Los Angeles that was originally founded in 1979. L&S specializes in investment advisory services for high-net-worth investors, as well as institutional accounts, endowments and family offices. As an independent, fee-only RIA dedicated exclusively to managing assets, L&S Advisors provides objective and unbiased investment advice. The firm is defined by its client-focused, flexible investment strategies and its complete commitment to objectivity, independence, and transparency in all areas of its business.
About PSN
For nearly four decades, PSN has been a top resource for investment professionals. Asset managers rely on Zephyr’s PSN to effectively reach institutional and retail investors rely. Over 2,800 firms, 285 universes, and more than 21,000 products comprise the PSN SMA database showing asset breakdowns, compliance, key personnel, ownership diversity, ESG, business objectives and strategy, style, fees, GIC sectors, fixed income ranges and full holdings. Unique to PSN is its robust historical database of nearly 40 Years of Data Including Net and Gross-of-Fee Returns. For more details on the methodology behind the PSN Top Guns Rankings or to purchase PSN Top Guns Reports, contact Margaret Tobiasen at Margaret.tobiasen@informa.com.
L&S Advisors received this award from Informa Financial Intelligence’s Zephr on May 19, 2025 for the period ending March 31, 2025. L&S paid no compensation for this ranking; however, L&S does pay an unrelated monthly subscription fee to Informa to produce marketing reports using the PSN system.