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Cvs Group To Launch Blue Chip Advisory
Tokyo, Japan, September 4, 2013 - (PressReleasePoint) – Despite the company’s historical focus on small and micro-cap stocks, Chief Executive Officer at CVS Group Mr. Hiroto Shizuka has today announced plans for the company to open a new department specializing in buy-sell advisory management. As a boutique equity research house, CVS Group seeks to identify vastly undervalued equities with high growth potential. However, with blue chips such as Nokia rising 45% this week of the back of Microsoft purchasing its mobile phone division and licensing patents, Hiroto Shizuka claims CVS Group is missing
Out on revenue.
The blue chip advisory service (BCAS) is scheduled to commence in January of 2014 at the CVS Group Tokyo office, and will require some corporate restructuring as well as hiring portfolio managers to cater to the demand.
CEO Mr. Hiroto Shizuka commented on the announcement saying “At CVS Group we have developed a reputation as a premium, reliable information service that brings undervalued small cap stocks to clients. However many cautious investors can be reluctant to invest in small companies, ...
... even under expert advice due to the inherent risks, so CVS Group will now offer a full service, creating balanced portfolios with varied elements of risk attached.”
Plans are still be made for the new department, but it is expected to commence with approximately 15-20 portfolio managers, who will work initially only with the existing client base, then later next year once the business model has been proven, the department itself will begin to seek out new clients.
Mr. Sato Tanaka as Head of European Equity Research, will lead the EU team, he commented “I’m really excited at the possibilities this new project brings, and I very much look forward to getting started”.
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