Schultze Asset Management Founder George Schultze Delivers Key Comments at European Family Office & Private Wealth Management Forum
PURCHASE, N.Y., June 10, 2013 /PRNewswire/ -- George Schultze, Founder and Managing Member of Schultze Asset Management, LLC, was a keynote panelist on June 5, 2013 at Opal Financial Group's European Family Office & Private Wealth Management Forum in Geneva, Switzerland.
During his keynote panel, Mr. Schultze discussed the outlook for U.S. interest rates and inflation. In light of the slow pace of the economic recovery, as well as a continuing high rate of unemployment, he forecast that interest rates will remain low versus historical norms well into 2014. Regarding inflation, he stated that it is tame as measured by the consumer price index (CPI) even though we're seeing asset bubbles in certain areas such as the bond market. Regarding opportunities in the U.S. equity markets, Mr. Schultze stated that they offer terrific potential upside due to "attractive valuations, high levels of cash on corporate balance sheets, and a wide-open debt market that allows for value-creating catalysts (such as M&A, stock buy-backs, and dividends)." Even so, he cautioned that investors "need an edge – such as working with a manager who can invest long and short in certain niche fields" to successfully navigate today's markets.
About Schultze Asset Management, LLC
Schultze Asset Management, LLC ("SAM") is a specialist alternative investments firm founded by George Schultze in 1998. It manages pooled investment vehicles and managed accounts for hundreds of clients worldwide with a particular emphasis on event-driven and distressed securities investing. Mr. Schultze is a frequent speaker at investment conferences and has been interviewed by journalists from Bloomberg, Fox, CNBC, TheStreet.com, CNN, the Wall Street Journal, the Dow Jones Daily Bankruptcy Review, and many others. He is also a director of the Hedge Fund Association and active in philanthropic activities through the Schultze Foundation. Additional information on the firm can be found at http://www.samco.net.
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Investor Contact:
Robert Winkler
Schultze Asset Management
(914) 701-5260
[email protected]
Media Contact:
Mitch Ackles
Hedge Fund PR
(646) 657-9230
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SOURCE Schultze Asset Management, LLC
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