`Brentwood Group` Tokyo - Quality Stocks Look Cheap
Released on: October 7, 2008, 6:19 am
Press Release Author: Vincent Hall
Industry: Financial
Press Release Summary: “Brentwood Group” – As stock markets plummet, many blue-chip stocks are now cheap.
Press Release Body: Asian-based asset management firm, Brentwood Group is rumored to be acquiring blue chip stock as large investors sell them to raise capital to meet margin calls.
Sources close to Brentwood Group said that the overwhelming majority of shares being dumped on the market are not related to the financial sector but hedge and pension funds need to raise cash to cover the unwinding of trades with Lehman Brothers.
Oil, technology and utilities companies have been the subject of sustained selling since news of Lehman Brothers Chapter 11 bankruptcy filings.
Brentwood Group are thought to be expecting further turbulence if the US insurance giant, AIG, is the next casualty of the year-long credit crisis.
Web Site: http://www.brentwoodgrp.com
Contact Details: Press Pad MWB Cannon Street, 60 Cannon Street London England EC4N 6NP