Lear Investment Management, based in Dallas, has been recognized for its exceptional performance in the financial sector. The firm announced that three of its separate managed account (SMA) strategies have made it onto the highly regarded PSN Top Guns List for the third quarter of 2025. This list, published by Zephyr, identifies the best-performing separate accounts, managed accounts, and managed ETF strategies in the market.
Rick Lear, Founder and Chief Investment Officer, expressed pride in this recognition, stating, “This independent recognition by Zephyr/PSN reflects the team’s commitment to serving client objectives.” He emphasized the importance of evolving investment strategies, moving away from traditional index-hugging approaches towards more concentrated portfolios designed to better serve investors’ needs.
Performance Highlights of Lear’s Strategies
Among the firm’s standout performers, the LIM Global Vigilance Tilt strategy, which adopts an aggressive risk profile, secured the second position in the one-year category. It outperformed 435 other strategies within the PSN Global/International Balanced Universe during the quarter. Following closely, the LIM Global Vigilance strategy, categorized as moderate risk, ranked fourth in the same category.
The LIM Global Vigilance Conservative strategy ranked eighth, demonstrating strong performance despite its conservative risk profile. This is a notable achievement, considering it trails only its more aggressive counterparts while outperforming many in the conservative risk category.
According to Nick Williams, PSN Product Manager, “Q3 2025 delivered strong broad-based market gains, creating opportunities for skilled active managers.” He noted that the managers listed on the PSN Top Guns List excelled in navigating the market’s broadening rally and adapting to the Federal Reserve’s policy shifts. Their strategic positioning across various asset classes while maintaining discipline illustrated the distinct advantages of active management in SMAs.
Insights into PSN Top Guns List
The PSN Top Guns List, which is published quarterly, serves as a vital resource for investors and asset managers seeking to identify high-performing strategies. The complete list and an overview of the methodology used to determine rankings can be accessed through the PSN website.
Lear Investment Management operates as an SEC-registered investment adviser. The firm is recognized for its research-driven approach, creating both customized and model portfolios aimed at delivering superior risk-adjusted returns across market cycles. Their investment strategy includes tactical allocations in global equities, fixed income, commodities, REITs, MLPs, and cash, underpinned by a disciplined process focused on identifying macroeconomic trends and undervalued opportunities.
For over 40 years, PSN has been a leading resource for investment professionals, providing crucial data for over 2,800 firms across 285 universes and more than 21,000 products. The organization is noted for its comprehensive historical database, which includes net and gross-of-fee returns, making it an indispensable tool for asset managers aiming to reach institutional and retail investors.
The recognition of Lear Investment Management’s strategies underscores the evolving landscape of investment management, where a proactive and thoughtful approach can yield significant benefits for clients.
