NEW YORK & LONDON--(EON: Enhanced Online News)--A recent Q3 2013 survey of Top 300 buy-side US and EU fund managers reveals unanimously that the major investment asset class that will outperform, will be worldwide Corporate Spinoffs and Special Situations. UK based specialists, TSR who advise top global investment funds with research by annual CSA subscription, have recently released to clients a market first study of “Potential Spinoffs Yet to Happen, M&A and Takeovers”. Analysis of over one thousand $3bn+ mkt cap global leading companies. Click here to enquire.
“Potential Spinoffs Yet to Happen, M&A and Takeovers”
“We are moving from a distressed market environment to an opportunistic one”, states Ryan Mendy, COO of TSR.
Upcoming Corporate Spinoffs:
The latest Corporate Spinoff Calendar reveals the 50+ announced Break-ups due from Oct 1, 2013 to through the end of 2014. TSR manage two global leading pre-event research products, namely: SpinoffReport.com [Global Spinoffs], and DistressedReport.com [Global Special Situations].
Mendy continued, “With markets recovering from lows 6 years ago, corporate cash balances at record highs, and investment banks desperate to do transactions, I predict the next three years will see a significant increase in both the volume and quality of business segments being demerged from many of the world’s most notable brand businesses.”
Track Record of Analysed US and Global Spinoffs
To Aug 30, 2013 UK based TSR have delivered investors an absolute return of +85% from over 100 Corporate Spinoffs since the end of 2007. Comparatively, the Hedge Fund Research Event Driven Index that measures said funds globally has delivered +1.3% over the same time period.
Ultimately, Spinoffs are Event-Driven / Turnaround situations which such Funds typically invest in. Hence any advisor presenting research to an investor should also be able to have proven track record. Going by the Event Driven index comparison, it gold to be an investor’s deciding factor when choosing who to put their faith in when it comes research advice.
Example Spinoffs - Click here to see TSR’s research
$4bn AGL - Autogrill SpA. Next week sees Europe’s leading Highway and Duty & Free business break-up. Along with: $3bn Holding company, ILCO - Israel Corp.; $10bn US Pipelines business, OKE, Oneok Inc.; $5bn Metal/Alloy business, TKR, The Timken Group and the $5bn notable publishing firm, TRBAA, Tribune Co.