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Appointments, Agreements, Partnerships, and Technical Updates - Analyst Notes on T. Rowe, SL Green, Voya Financial, Digital Realty and Essex Property Trust

Editor Note: For more information about this release, please scroll to bottom


News provided by

Analysts Review

Jun 12, 2014, 06:10 ET

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NEW YORK, June 12, 2014 /PRNewswire/ --

Today, Analysts Review released its analysts' notes regarding T. Rowe Price Group, Inc. (NASDAQ: TROW), SL Green Realty Corp. (NYSE: SLG), Voya Financial, Inc. (NYSE: VOYA), Digital Realty Trust Inc. (NYSE: DLR) and Essex Property Trust Inc. (NYSE: ESS). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/3654-100free.

--
T. Rowe Price Group, Inc. Analyst Notes
On June 3, 2014, T. Rowe Price Group, Inc. (T. Rowe) announced that Brian C. Rogers plans to step down as Portfolio Manager of the T. Rowe Price Equity Income Fund at the end of October 2015. The Company added that he has been managing the fund since 30 years. According to the Company, John D. Linehan, Co-Portfolio Manager of the Institutional Large-Cap Value Fund and Head of U.S. Equity, will succeed Mr. Rogers to become the next portfolio manager for the Equity Income Fund, effective November 1, 2015. The Company stated that after the transition, Mr.Rogers will remain as Company's Chief Investment Officer and Chairman of the Board of Directors. T.Rowe added that Bill Stromberg, Head of Equity, will also assume leadership of U.S. Equity, effective immediately and Mr. Linehan will support Mr. Stromberg in the management of U.S. Equity through the end of this year. The full analyst notes on T. Rowe are available to download free of charge at:

http://www.analystsreview.com/Jun-12-2014/TROW/report.pdf

--
SL Green Realty Corp. Analyst Notes
On June 5, 2014, SL Green Realty Corp. (SL Green) announced the appointment of its President Andrew W. Mathias to the Company's Board of Directors. Stephen Green, Chairman of the Board, stated, "Andrew is clearly one of the brightest stars in New York City's real estate industry. He has played a critical role in the success and growth of our company since he joined us in 1999. Before joining SL Green, Andrew was intimately involved in our launch as a publicly-traded real estate investment trust in 1997. Over the years, he has demonstrated superb judgment, is an experienced, astute decision-maker, and will no doubt prove to be a great asset to our Board." The Company stated that prior to joining SL Green, Mr. Mathias held different positions with Capital Trust and its predecessor, Victor Capital Group. The full analyst notes on SL Green are available to download free of charge at:

http://www.analystsreview.com/Jun-12-2014/SLG/report.pdf

--
Voya Financial, Inc. Analyst Notes
On June 2, 2014, Voya Financial, Inc. (Voya Financial) announced that the Company has entered into an agreement with Milliman, Inc. to outsource the actuarial valuation, modeling and hedging functions for its Closed Block Variable Annuity (CBVA) segment to Milliman. The Company stated that, under the agreement, Milliman will perform the calculation of financial reporting and risk metrics, along with the analytics used to determine hedge positions while, Voya Financial will continue to oversee and manage the CBVA segment and also retain full accountability for assumptions and methodologies, as well as the setting of hedge objectives and execution of hedge positions. Michael Smith, CEO, Insurance Solutions and the Executive with management oversight of Voya Financial's CBVA segment, stated, "Our agreement with Milliman allows us to create a more streamlined framework for the CBVA segment and achieve a more variable cost structure for this run-off block." The Company informed that prior to final implementation, it will complete parallel financial closing actions with Milliman and expects the transition to be completed in 2015. The full analyst notes on Voya Financial are available to download free of charge at:

http://www.analystsreview.com/Jun-12-2014/VOYA/report.pdf

--
Digital Realty Trust Inc. Analyst Notes
On June 3, 2014, Digital Realty Trust Inc. (Digital Realty) announced that the Company has partnered with ComputeNext to create the Digital Realty Global Cloud Marketplace (GCM). According to the Company, GCM will offer its clients easy access from Digital Realty's global portfolio of networked data centers to a cloud brokerage, which also enables instant provisioning of on-demand, burstable cloud services from cloud service providers. A. William Stein, Interim CEO and CFO of Digital Realty, stated, "This partnership, in combination with other strategic alliances we are forging - such as those previously announced with tw telecom and Level 3 Communications to enable direct and secure connectivity to Amazon Web Services and Microsoft Azure - are important initiatives in our ongoing efforts to provide businesses with flexible data center solutions that fit their IT and business strategies." The full analyst notes on Digital Realty are available to download free of charge at:

http://www.analystsreview.com/Jun-12-2014/DLR/report.pdf

--
Essex Property Trust Inc. Analyst Notes
On June 9, 2014, Essex Property Trust Inc.'s stock went down by 1.47%, ending the day at $181.81. For the past three day trading period, the Company's stock dipped by 0.10% compared to the Dow Jones Industrial Average which went up by 1.23% during the same trading period. The full analyst notes on Essex Property Trust are available to download free of charge at:

http://www.analystsreview.com/Jun-12-2014/ESS/report.pdf

--
About Analysts Review
We do things differently. Our goal is to provide the best content to our exclusive membership. We are constantly hiring researchers, writers, editors and analysts to add to our team and become better than yesterday. If being a part of a fast growing community with an edge in today's market sounds interesting to you, then sign-up today and experience the full benefits of membership.


===============
EDITOR'S NOTES:
===============

1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.

2. Information in this release is produced on a best efforts basis by Rohit Tuli, a CFA charterholder. The content is then further fact checked and reviewed by an outsourced research provider. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.

3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.

4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco [at] http://www.analystsreview.com.

5. For any urgent concerns or inquiries, please contact us at compliance [at] http://www.analystsreview.com.

6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research [at] http://www.analystsreview.com for consideration.

COMPLIANCE PROCEDURE
Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Analysts Review, represented by Rohit Tuli, CFA. An outsourced research services provider has only reviewed the information provided by Analysts Review in this article or report according to the procedures outlined by Analysts Review. Analysts Review is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.

NOT FINANCIAL ADVICE
Analysts Review makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.

NO WARRANTY OR LIABILITY ASSUMED
Analysts Review is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Analysts Review whatsoever for any direct, indirect or consequential loss arising from the use of this document. Analysts Review expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Analysts Review does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

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