The Relevance of Fortress Investment Group Lies on Its Ability to Formulate Profitable Strategies that Guide it Through the Market

Fortress Investment Group continues to make significant strides in the financial industry by becoming the first asset manager to have accepted a takeover bid from another investor. The company seems to be the leading strategists and the policymaker such that other wealth managers have to follow. It remains to be seen whether other asset managers and upcoming firms will follow the trend, which has for an extended period continued to be the new norm in other industries.

Being the leader in the alternative asset management sector, Fortress Investment Group has been the pioneer of some of the most significant strides in the industry which have later been adopted by other organizations. One of the strategies incorporated by other organizations is registering the entity in the New York Securities Exchange where other firms followed without hesitations. Registering the firm in the stock market gave it the exposure it needed while at the same time providing sufficient funds to expand its activities.

The second strategy has been to incorporate technology as the principal method of doing business. For a more extended period, Fortress Investment Group has offered quality services to its customers, thanks to its advanced and elaborate technology adoption mechanism. Fortress has been serving its customers through advanced methods which have not only reduced the expenses that the firm has to pay but has gone a step further to help the entity to serve more customers within a short period than it would have done before.

Despite pioneering in technological advancement and being the first asset manager to register in the New York Securities Exchange, which other asset managers have followed, it remains to be seen whether other entities will accept the new move of accepting a takeover bid. There is no doubt that the strategy will prove attractive, especially if the company can get enough funds to invest while at the same time expanding its market share.

Recently, Peter Briger came out to shed light on the contentious issue that had been misunderstood by the public about the acquisition of Fortress Investment Group by a Japanese organization, SoftBank Group. He said that the management of the company was very confident about the huge benefits that Fortress Group is expected to reap from the business relationship. Briger, therefore, urged the public and the investors of the company to remain calm as the leadership of the organization had not been affected. The three principals remained in charge of all the operations of the company.

LinkedIn: https://www.linkedin.com/company/fortress-investment-group

Sahm Adrangi Negative Reports Review

It has been known as a fundamentally-oriented investment organization manager which has its aim at investments that have long-term value. It is none other than Kerrisdale Capital Management, LLC which is an active member of Financial Industry Regulatory Authority. It is headed and managed by Sahm Adrangi. He also happens to be the Founder and Chief Investment Officer of the same investment manager.

Mr. Sahm Adrangi founded Kerrisdale in 2009 and has taken the firm from one development to another and has been involved in various aspects of the firm. The private investment manager has been involved in publishing several negative reports expressing its short positions in certain market situations. Recently, it explained its thought on NASDAQ: the QNST stock of an internet marketing company called QuinStreet Inc. which has risen four times than it was. This has blinded the eyes of the investors who now think that the company is on the right track. Nevertheless, according to Sahm Adrangi of Kerrisdale, the sustainability of QuinStreet is from some fake web traffic. As the client clicks and fills their form, QuinStreet’s revenue increases at the expense of an innocent client.

Kerrisdale also expressed their short position in the stock NYSE:KODK which belongs to Eastman Kodak Company which is basically involved in imaging and printing. After an announcement that the company will have a platform in the blockchain technology, their stock has risen with 187%. Nevertheless, Sahm Adrangi argues that this is just an ICO craze chase which is meant to cover up the poor fundamentals and capital structures of Kodak Company but it will fail terribly.

Sahm Adrangi has also some negative report on the stock NASDAQ: PTI which belongs to Proteostasis Therapeutics, Inc. The company is a biopharmaceutical that is involved in development stages of drugs that treat cystic fibrosis and currently testing PTI-428 drug. After being granted Breakthrough Therapy and Orphan Drug of PTI-428 by FDA, its stock rose by almost 100%. However, Kerrisdale argues that the drug is ineffective and Proteostasis Therapeutics is not disclosing all the information to the public about the PTI-428 drug.

Mr. Sahm Adrangi has dealt with financial matters in his prior jobs like in Deutsche Bank, Longacre Fund Management, and Chanin Capital Partners. He studied at Yale University for BA.

http://nakreport.com/2018/01/09/kerrisdale-capitals-sahm-adrangi-remains-thumbs-down-on-northern-dynasty-minerals/