NEW YORK & LONDON--(BUSINESS WIRE)--By a swelling margin, one asset class that has outperformed all others is Corporate Break-ups, better known as, Corporate Spinoffs. Moreover, 2014 sees a record 100 global large cap firms due to split-up and separately list their other-half or, “at least one of their handful of potentially valuable and misunderstood business divisions that will be fully re-rated amongst sector peers, creating an overlooked opportunity”, comments Ryan Mendy, chief operating officer of TSR, the world’s leading investment advisor on global spinoffs and special situations.
With ten analysts and an exceptional six year research/portfolio track record, valuing each and every corporate demerger globally pre-event, TSR are retained by and advise the world’s most notable, best performing hedge funds and activist investors on both announced and potential Spinoffs in the market.
With somewhat monotonous and stunted sell-side research on Spinoffs, TSR have emerged as the ‘go to’ stock recommendation advisor on international Spinoffs for serious investors. “Getting near thousands of emails a day from Wall Street, money managers are tired of mainstream broker research. Big Bank analysts now have too many stocks to cover, less financial incentives to do proper analysis, and equally by nature, notable conflicts of interest with Spinoffs; thus lacking the research edge required by professional investors.”
“On the contrary, our success is that we service our institutional fund clients differently. We don’t ask for the trade. Managers want our scheduled direct calls of latest fundamental analyzed Top Ideas. It’s a ‘100% clean and absolute- value’, reward based relationship. That’s why we charge the fees we do”, commented Mendy.
Examples of TSR’s recent recommendations:
- European Spinoffs: Autogrill (AGL) that separately listed its World Duty Free (WDF) business last summer, returning +40% in six months;
- US Spinoffs: a +100% return from Starz (STRZA), that Spun-off Liberty Media (LMCA) Q1 last year. Interestingly, John Malone’s Liberty Interactive (LINTA) is due to break-up ‘again’ later this quarter.
Liberty/QVC another huge buying opportunity? Which one do you buy and sell? Maybe a good opportunity to speak to TSR.
For nimble budgets, there’s their $99 TSR Lite.