Christian C. Bertelsen and John Laforge Join FA Asset Management to Lead Classic Value Team.Business Editors NEW YORK--(BUSINESS WIRE)--Dec. 2, 2003 FA Asset Management, the investment management subsidiary of First Albany Companies Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : FACT), announced today the addition of Christian C. Bertelsen, John LaForge and their investment management team from Hollister Investment Management, a division of Phoenix Investment Partners. The team has a classic value approach with a disciplined investment methodology, which is appropriate for managing separate portfolios of large and small-cap stocks. "We are very pleased that Chris, John and their team have agreed to join us in building our investment management business," said Ted Gillman, Chief Executive Officer, FA Asset Management. "This experienced team of value-oriented investors complements our existing expertise and will contribute greatly to our efforts to provide our institutional clients with superior returns and the highest levels of service." Christian C. Bertelsen joins FA Asset Management after directing the Phoenix Investment Partners classic value team as a Managing Director since 1997. Chris has over 30 years of investment experience and has previously managed several separately managed institutional portfolios for Phoenix Investment Counsel including the large-cap Phoenix-Hollister Value Equity Fund and Phoenix-Hollister small-cap value fund. Prior to joining Phoenix Investment Partners, Chris was chief investment officer at Dreman Value Advisors and portfolio manager of the Kemper-Dreman Contrarian Contrarian An investment style that goes against prevailing market trends by buys assets that are performing poorly and selling when they perform well. Notes: A contrarian investor believes that the people who say the market is going up do so only when they are fully and Small Cap Value Funds. He holds an M.B.A. and B.A. in economics and history from Boston University Boston University, at Boston, Mass.; coeducational; founded 1839, chartered 1869, first baccalaureate granted 1871. It is composed of 16 schools and colleges. . John LaForge joins FA Asset Management from the Phoenix Investment Partners classic value equity team, where he was a Portfolio Manager and was responsible for research and trading functions for various institutional and individual portfolios since 1997. Prior to that, he held positions in portfolio management, syndicate Syndicate organized crime unit throughout major cities of the United States. [Am. Hist.: NCE, 2018] See : Gangsterism and sales with Raymond James  This article or section is written like an .Please help [ rewrite this article] from a neutral point of view. Mark blatant advertising for , using . & Associates, Inc. John holds an M.B.A. and B.S. in finance from the University of Tampa The University of Tampa, or UT, is a private, co-educational university in downtown Tampa, Florida. It is accredited by the Southern Association of Colleges and Schools. In 2006, the University celebrated its 75th anniversary. . "As a group we are very excited to join the FA Asset Management team and I am confident that our experience in building successful portfolios for our clients will enhance FA Asset Management's franchise," said Christian C. Bertelsen. "We employ a time-tested investment methodology which identifies intrinsically in·trin·sic adj. 1. Of or relating to the essential nature of a thing; inherent. 2. Anatomy Situated within or belonging solely to the organ or body part on which it acts. Used of certain nerves and muscles. undervalued companies undervalued company A firm whose assets and potential earning power are not adequately reflected in its stock price. Although such firms are more likely to be subject to takeover attempts than others, determining whether a particular firm is actually . I believe this strategy fits with the overall FA Asset Management approach and I look forward to a long a productive relationship." First Albany Founded in 1953, First Albany Companies Inc. is a leading institutionally focused independent investment bank and asset management firm. Through its broker/dealer subsidiary, First Albany Capital Inc., the firm provides institutional investors Institutional Investor A non-bank person or organization that trades securities in large enough share quantities or dollar amounts that they qualify for preferential treatment and lower commissions. with strategic, research-based investment opportunities and corporations and public institutions with innovative financing solutions. First Albany offers a diverse range of products and advisory services advisory services advisory services provided to the public, in their capacity as owners and managers of animals, are an important part of veterinary science. They may be provided by government bureaux, by commercial companies who deal in pharmaceuticals or animals or animal in the areas of corporate and public finance as well as fixed income and equity sales and trading. FA Asset Management Inc. provides institutional clients with expert advice, personal and tailored service and a diverse range of investment products to meet client needs in all market conditions. FA Technology Ventures provides venture capital, management and guidance for companies in the emerging growth sectors of information technology and energy technology. First Albany is traded on NASDAQ under the symbol FACT and today has 18 offices in 12 states. |
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