The Spinoff ReportTM Launches in Europe with Muzea Insider Consulting

LONDON--(Business Wire)--
A unique Special Situations research company that masters in both tracking and
analysing every corporate Spinoffaround the World is to launch in Europe
tomorrow. Interestingly, they launch with a 50 page research note covering the
UK based FTSE 100 Life Insurer, Friends Provident and the Spinoff of its
subsidiary, F&C Asset Management. They believe the market is understating the
potential growth of the company and highlight the embedded value of Friends
Provident, talking their thoughts on the market`s misconception and some
extremely interesting directors` involvement.

The Spinoff ReportTM [TSR] concentrates on three core factors in its Deal
focused Equity Research: Fundamentals, Technicals & Insider / Directors Dealings
and their incentives, from inception to date and going forward. It has three
core products: US, European and Global Spinoff Report, with over 55 major
worldwide Spinoffs currently under coverage (from 14 sectors).

Warren Buffett, everyone`s favourite billionaire has managed to eke out over 20%
a year from spinoff strategies (albeit for over 40 years!). Essentially,
Spinoffs are corporate reorganisations that create newly formed companies out of
existing ones. TSR`s clients benefit from the layered structure installed, first
by providing a detailed master Calendar of every global demerger; next providing
a Snapshot overview page of each event, then producing research on the most
attractive and value orientated deals. With weekly summaries and news alerts of
each Event/Special Situation, it`s a fully loaded service aimed at globally
based bottom-up, event-driven and growth value fund managers in this under
covered yet highly rewarding and proven area. They recognise that their clients`
success is their success.

Founded in 2005 by Special Situations fund manager, Jim Osman, the company has
become the pioneer and leader recognised for its specialist ability in capturing
corporate demergers and analysing each one for its conviction and investor
value.

Directors Dealings research is completed with the partnership they have with US
based Muzea Insider Consulting Services LLC, the leading Directors Dealing
platform created by renowned Fund Manager and author, George Muzea. "Invest with
the Insiders, not the masses" is the tag line of Muzea`s acclaimed book `The
Vital Few vs. The Trivial Many`. This is one of TSR`s significant features.

With no third party marketers, TSR`s research is exclusively available online
via their website, www.spinoffreport.co.uk

Working with the likes of global leaders such as Deloitte, the company provides
clients with a greater insight and clarity, and also with partnerships such as
Goldman Sachs and Morgan Stanley, it is proving a real value-added, must-have
additional resource for specialist growth funds. Refreshingly; as an independent
boutique, TSR has no allegiances, and therefore gives a full and unbiased
account of each situation. "In these cost conscious times, it is only helpful to
fund managers and their CIOs if they can distinguish and identify each resource
by its specialism. Which is why through unbundling and commission sharing
agreements, they are actively utilising the option of bespoking their advisors'
list towards those that give genuine value for money via performance and proven
conviction." said Ryan Mendy, Senior Advisor of TSR.

Commenting on the launch, Jim Osman, Founder and CEO of TSR said:

"I believe intelligent investing, is value investing. Applying the value
investing principles to our specialist knowledge of Spinoffs along with a
thorough scrutiny of the insiders, helps our clients maximise Alpha returns
beyond what isn`t ordinarily achievable."

For more information please visit www.spinoffreport.co.uk

The Spinoff Report
Jim Osman
27 Old Gloucester Street
London
WC1N 3AX
+44 (0) 1793 791 648
jimmyosman@spinoffreport.co.uk

Copyright Business Wire 2009