Press release
Wellving Asset Management Identify IPO
Not a company to rest on their laurels Wellving Asset Management have identified what could be the next investment vehicle for their clients.It comes in the form of an IPO. IPO stands for initial Public Offering. In other words, it is a new issue of stock offered for sale to the public. When companies first start out, the shares are held privately. At some point, a majority of the owners decide they want to sell off a portion of the company to the public in return for cash.
Director of Portfolio Management Robert Russo Had this to say on the situation: " Of course at this stage W.A.M have to remain tight lipped about it as it has not been given the green light by the analytical department yet.
It is very close though and there is a confidence and excitement around the office regarding this particular IPO, what can be said at this stage is that it is in the energy sector and this is going to be huge!"
This wont be the first time Wellving Asset Management have been involved in An IPO of this nature having previous Success in the past in fact Wellving Asset Management offer a number of IPO services they also often act as a broker for smaller IPO's usually in the Asia Pacific area and when these IPO's become available they will often offer them to their clients.
Vice President Finnagan Meyer had these very simple words "Watch this space" Very defiant words from the VP and sure to stir up the financial world.
Call us: +81 64 5605 035 Email: info@wellving-am.com
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At Wellving AM we offer our clients access to a wide range of financial products including fixed income securities, interest rate swaps, foreign exchange, equities, equity derivatives, credit derivatives, commercial real estate, commodities, futures, and structured products. We also provide a comprehensive range of services to the financial community, including trade execution, broker-dealer services, clearing, processing, information, and other back-office services.
Our team of advisors and financial experts have a wealth of experience spanning may industry sectors, we are happy to discuss your individual needs and evaluate your portfolio.
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