On one fine day, June 15, 2011, shares of FIG took off to the pleasant surprise of its investors by 2.4%. This 2.4% value surge of FIG came in the wake of Credit Suisse’s action of upgrading Fortress Investment Group’s stock from the rating of neutral to outperform.
Credit Suisse’s action was made on the grounds that the Fortress Investment Group made a full and complete resolution in respect to unnerving issues over the firm’s principal compensation; the Fortress Investment Group is set to raise its stock’s dividend, providing holders of stock a yield of over 10% by the arrival of 2012.
the Fortress Investment Group has an inordinate amount of credit ($3.6 billion) at its disposal with which to invest if an anticipated near-term correction in the markets should happen to come into being as widely expected; and the Fortress Investment Group is in a fine position to capitalize from more market regulations and a host of good trade opportunities resulting from a refinancing wave arising from incredibly bad deals made between the periods of 2005 to 2007.
What Credit Suisse failed to include in its justification for its action of upgrading FIG was the very talented people working at the Fortress Investment Group. For example, Gareth Henry, one of the firm’s managing director, graduated from the University of Edinburgh in Scotland and is a holder of a first-class honors degree from the Heriot University.
After completion of his studies of actuarial mathematics, Gareth Henry was employed at Watson Wyatt in the area of management research for a number of years. Next, the money management firm for which Gareth worked was Schroders, in the position of a Strategic Solutions Director. It was in 2007 that Gareth Henry made decision to leave Schroders for employment at Fortress Investment Group. At this alternative investment firm, Gareth Henry was employed in the position of a managing director, primarily charged with raising capital in the European, the Middle Eastern, and the African markets and with building fantastic connections to sovereign wealth funds, pension funds, and insurance companies.
Learn More: www.behance.net/garethhenry