Point Asset Management Company Description
When the real estate market gets tough, Point Asset Management gets going. Formed in 2008, the company specializes in investing in mortgage-backed securities guaranteed by government agencies, including Freddie Mac, Fannie Mae, and Ginnie Mae. The firm will be externally managed by Federated Investment Counseling, which is a subsidiary of Federated Investors, a leading US investment manager with $302 billion in assets under management. The company filed for an IPO in March 2008 and plans to qualify as a real estate investment trust (REIT) by the end of the year.
View the Comprehensive Company Description for Point Asset Management
The Company Description provides a historical perspective of Point Asset Management's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Point Asset Management's evolution in the marketplace.
