(1888PressRelease)
July 30, 2008 - Investors are becoming less bold in times of economic uncertainty, but Custodio Asset Management would like to show investors that your portfolio can make gains in these conditions. Despite the overall market experiencing a double-digit decline, Custodio Asset Management has posted a year-to-date gain of 9.723%. CAM's record of success in the current market has gained the attention of several investors and generated a wealth of new clients.
Regarding the upward trend, CAM co-owner Ace Custodio said, “I'm very happy with CAM's success and the increasing interest in our company. We strive to serve our customers through hard work, dedication, and a close eye on the market trends. We operate on a non-commission basis so we can concentrate on our clients' needs. When your portfolio does well, we do too.”
Custodio Asset Management recently hired a new associate, Jay Katyal, to assist with the increasing demand. Mr. Katyal, a member of the Virginia Commerce Bank Advisory Board since 2005, came to CAM from HLI Finance.
Co-owner Almond Custodio added, “Expansion is critical to CAM's continued success. The addition of Mr. Katyal's knowledge and experience will allow us to provide a higher level of service to our customers. He is an excellent addition to the team, and it will be a pleasure to work with him. Most of all, we look forward to the growth of CAM and our clients' portfolios. ”
In a market experiencing double-digit loss, the portfolios handled by Custodio Asset Management continue to steadily grow. By providing non-commission investment services, CAM is able to focus on consistent performance and steadily grow wealth through no-load funds offered at Rydex Investments.
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