In the year of 2011 on one June 15 morning, the Fortress Investment Group’s stock climbed by 2.4% upon Credit Suisse’s unexpected but pleasant decision to upgrade shares of FIG from its previous rating of neutral to the new rating of outperform. Credit Suisse attributed its decision to upgrade shares of FIG to several reasons.
First, the unsettling issues arising out of the firm’s handling of its principal compensation was made a moot issue by the arrival of a thorough resolution. Second, Fortress Investment Group has in plan a design to increase stock’s dividend, which would mean that investors thereof would be receiving a yield more significant than 10% by 2012. Third, Fortress Investment Group had accumulated quite a substantial line of credit in the amount of $3.6 billion to make investments with should profitable trade opportunities suddenly presented itself, which should materialize from a foreseeable near-term market correction.
What’s more, Fortress Investment Group is in a wonderful position from which to profit from greater market regulations and a trend in refinancing created in the wake of all the bad deals made between 2005-2007 that undoubtedly will provide the Fortress Investment Group with a multitude of excellent investment opportunities.
The circumstances that led to Fortress Investment Group’s 2.4% climb in stock price was the result of the efforts of those inside the Fortress Investment Group that contributed to its thriving state of being. One such individual is Gareth Henry, one of a number of managing directors within the frim, who has contributed substantially by raising capital in international markets, for example, the European markets and the Middle Eastern markets not to mention the African markets and also by creating substantial ties to sovereign wealth funds, pension funds, and insurance companies.
Gareth Henry did his studies in actuarial mathematics at the University of Edinburgh in Scotland and in due course and time graduated therefrom. Shortly thereafter he acquired a first-class honors degree from the Heriot University. Gareth Henry’s first employment was with Watson Wyatt in management research. Gareth Henry’s next employ was working for, Schroders, a money management firm, as a product manager in the multi-asset class group. Then in 2007, Gareth Henry made the decision to join the Fortress Investment Group to which he has contributed substantially to its rise.