Don’t Invest in Fortress Investment Group

Don’t Invest in Fortress Investment Group
News from Investorplace.com:

   

This week’s mailbag included a question about investing in an investment company. Specifically, about a position in Fortress Investment Group (NYSE:FIG).

I thought the topic was worth exploring for two reasons. Firstly, an analysis of Fortress will help explain broader challenges for some smaller-profile investment managers like Och-Ziff Capital Management Group (NYSE:OZM) and Apollo Global Management (NYSE:APO), to name a few. Secondly, FIG dividends help illustrate the volatile nature of distributions in the investment management space — and serve as a cautionary tale for investors chasing yield.

For starters, let’s just look at Fortress as…………… continues on Investorplace.com

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