Niemann Capital Management Clarifies Morningstar Rankings Announcement
(firmenpresse) - SCOTTS VALLEY, CA -- (Marketwire) -- 03/15/13 -- On March 11, 2013, Niemann Capital Management issued a press release announcing that its Dynamic and Dynamic Sector strategies were each ranked in the top 20 of Morningstar's ETF Managed Portfolios database for best performance in 2012. Niemann misunderstood how the rankings are compiled. Strategies can be ranked daily, but firms report performance information over different time periods, and therefore the rankings change dynamically. Morningstar reports a selection of top- and bottom-performing strategies on a quarterly basis in its Morningstar ETF Managed Portfolios Landscape Report, which is published in the ETF Managed Portfolios Center on .
As a result, Niemann Capital Management is retracting the earlier press release.
Niemann Capital Management provides actively managed equity and fixed income strategies that seek to outperform major indexes over a complete market cycle. Founded in 1991, Niemann has navigated clients through some of the most difficult markets in history with our Risk-Balanced Opportunity™ process that has generated long-term, market-beating results. Our strategies are not trapped in style boxes that typically go out of favor at various phases of a market cycle. They are unconstrained and free to roam wherever opportunities exist. Niemann's product line features single- and multi-asset class strategies in global, domestic, international and emerging markets. We offer traditional fully invested strategies for investors with significant diversification and risk-managed strategies for investors seeking more decisive downside protection.
Media Contacts:
Charles Halliday
CSO
Niemann Capital Management
800.622.1626
Craig Parsons
310-200-4310
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Datum: 15.03.2013 - 15:15 Uhr
Sprache: Deutsch
News-ID 239863
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Town:
SCOTTS VALLEY, CA
Kategorie:
Commercial & Investment Banking
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