Introduction to Spin-off Investing
Ryan Casey and Salvator Tiano, Research Analysts, Horizon Kinetics, LLC, define spin-offs and elaborate on their potential investment advantages, the Introduction to Spin-off Investing.
”Spin-offs can happen for a variety of reasons. One of them is competition for capital internally…. When a new company is spun off, it gains independent access to equity and debt capital and can fund its own growth and projects.”
Learn more: vaneck.com/spundamentals/
Van Eck is a U.S.-based asset management firm with more than five decades of global investment expertise.
Founded in 1955 by John C. van Eck, Van Eck Global was among the first U.S. money managers helping investors achieve greater diversification through global investing. Today, the firm continues this tradition by offering innovative, actively managed investment choices in hard assets, emerging markets, precious metals, fixed income, and other specialized, domestic and international asset classes. Van Eck currently manages assets on behalf of more than 400 institutions including endowments, foundations, hospitals, pensions, and private banks. The firm’s traditional and alternative strategies are offered in both fund and separate account portfolios.
Market Vectors Exchange Traded Products (ETPs) have been offered by Van Eck since 2006 when the firm launched the United States’ first gold-mining ETF. Today, the firm offers over 50 ETFs which span several asset classes, including equity, fixed-income and currency markets. Many of the ETFs are based on pure-play indices, whose constituents must derive a majority of revenues from the target region/sector. Market Vectors is one of the largest ETP families in the U.S and worldwide.
Headquartered in New York City, Van Eck Global has a presence in other cities worldwide, including Shanghai (China), Frankfurt (Germany), Madrid (Spain), Pfaeffikon SZ (Switzerland) and Sydney (Australia).