BOSTON and NEW YORK, June 9, 2016 /PRNewswire/
-- Detwiler Fenton & Co. (DFC), one of New England's leading full-service investment firms and providers of channel
research, announced today it is launching a new Cleantech/Energy market intelligence team and expanding and refocusing its
Semiconductor and Tech Hardware team.
The DFC Cleantech/Energy team will focus on investment opportunities and equity analysis in the fields of renewables, energy
technology, and electric vehicles, and also their impact on incumbent generators and utilities. The team will add to Detwiler Fenton's longstanding research capabilities in Technology, Telecom, Media, and Consumer.
Leading the Cleantech/Energy team will be Peter Kelly-Detwiler, a veteran of 25 years in the
electric power industry, including as SVP of Demand Response for Constellation Energy, independent strategic consultant for
clients ranging from energy software startups to Fortune 100 companies, and frequent author and speaker on national and global
energy issues.
"With the rapid growth of renewable energy, energy storage, big data, and political and regulatory developments, change in
electric energy markets is moving faster than ever,'' Mr. Kelly-Detwiler said. "I'm constantly scouring markets to find and
contextualize information about where change is moving in the longer term, and to make it understandable, valuable, and
actionable for investors.'' Mr. Kelly-Detwiler is the son of the late co-founder of Detwiler
Fenton, Robert R. Detwiler.
Additionally, Detwiler Fenton has expanded its technology research group from 7 to 10 sector
professionals and refocused it as the firm's Semiconductor and Tech Hardware market intelligence team. It will complement the
company's ongoing research strength in technology, telecommunications, and media. The Semiconductor and Tech Hardware team will
focus on semiconductors, communications IC's, electronics manufacturing, electronic design automation, and their impact driving
new enterprise and consumer technology products, applications, and investment opportunities in enterprise and consumer hardware,
mobile devices, and telecom equipment.
DFC Director of Research Alex Arnold said: "We're excited to welcome aboard Peter and our new
technology team to add their expertise to Detwiler's unique capabilities and approach to channel research and equity analysis.
This is a fantastic opportunity for the firm to move in a direction that will add even more value and identify more alpha for our
customers.''
Parent company Detwiler Fenton Group CEO Peter Fenton said: "We're proud of our long track
record of using our unique combination of field-level and fundamental research to provide truly differentiated, unbiased, and,
when warranted, contrarian research. We have always looked to give institutional investors special insights they won't get from
the usual sources, whether it's been as the first to report disappointing sales trends for activewear, or the first to highlight
social media companies' wireless strategy weaknesses. Today's changes and expansions in our research teams create exciting new
opportunities for us to provide early, potentially market-moving intelligence for Detwiler Fenton
customers.''
Examples of recent Detwiler Fenton proprietary research and analysis:
- Market checks on social media advertising spending that put DFC analysts at the lead in forecasting a shift in usage and ad
buy among top social networks and microblogging services.
- Channel analysis that warned investors of the maturation and slowing of the smartphone market.
- A warning on commoditization and lack of innovation in the action-camera market before a leading AC manufacturer's stock
fell.
- Early insights into consumers redirecting retail spending to larger ticket and experiential purchases, with implications
for specific retail stocks.
- Early quantification of e-commerce impacts on traditional retailers that also bolstered the case for a continued long
position in the uncontested e-commerce market leader.
About Detwiler Fenton Group, Inc.
Detwiler Fenton Group, Inc. (the "Company") is the holding company for its principal operating subsidiary Detwiler Fenton & Co. ("DFC"), a broker/dealer, headquartered in Boston,
MA. DFC was founded in Boston in 1962 and provides independent equity securities
research, equity and fixed income sales and trading, and investment banking services to institutional and corporate investors
throughout the U.S. Detwiler Fenton Group, Inc. is traded on the Nasdaq OTC under the symbol "DMCD.''
For more information, please visit our Company website at www.detwilerfenton.com.
Contacts:
Peter Fenton – CEO – Detwiler Fenton Group, Inc. - (617) 747-0142
Alex Arnold – Director of Research – Detwiler Fenton
& Co. - (617) 747-0169
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SOURCE Detwiler Fenton Group