Category: Finance

AvaTrade Review – What It’s NOT About

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Forex trading is a great way of gaining your financial independence if you know how to do it. This is not exactly a secret, which is why there are a lot of people starting and trading in forex. This also brought up the demand for forex brokers.

In fact, there are a lot of forex brokers these days that picking the right broker for you can be a confusing task. To help you with this endeavor, we are going to cover what AvaTrade is all about. We hope that after reading this article, you can gain a better understanding if AvaTrade is right for you.

What You Need To Know

AvaTrade is a Forex and CFD broker that started way back in 2006. The company’s primary headquarters is in Dublin, Ireland. As one of the most experienced brokers in the industry, here are a few things you can expect from them:

* Intuitive and streamlined trading platform

* One of the best customer service in the industry

* Plenty of liquidity with over $60 billion in trading per month

* Offers loads of educational resource for improving one’s trading returns

What AvaTrade is NOT About

Keep in mind that AvaTrade review serves a particular section of the industry. Thus, AvaTrade is not:

* A platform that will trade for you. It does not offer a trading robot. However, you can use Expert Advisors (that can be programmed as trading robots) when using their MetaTrader platform.

* A platform that will tell you how much you need to invest in a particular trade. AvaTrade will only offer educational resources. However, how much and when to trade is still up to the trader.

* A platform that will offer trading signals. AvaTrade is a company that makes it easy for you to trade. However, they don’t offer trading signals.

As one of the oldest forex brokers in the industry, AvaTrade is definitely worth checking out if you want to trade in the currency markets.

Michael Burwell: Appointed as a New Chief Financial Officer

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Michael Burwell is the newest chief financial officer for Willis Towers Watson, a company that offers advisory and broking solutions for entrepreneurs, business people, and individuals. Michael Burwell replaced Roger Millay, the former chief financial officer of the company after he retired last October 2017. Michael Burwell has more than three decades of experience working in the financial industry, and his expertise in how the business works is one of the reasons why he was chosen for the job. He also had experiences in serving leadership roles in the past, from several companies operating in the United States. He has been helping the American companies with their financial concerns, and his experiences in managing the financial aspect of these companies are more than enough for him to be chosen for the position.

 

 

The management back at the Willis Towers Watson, including their CEO, stated their excitement for Michael Burwell’s service. WTW knew how adept Burwell is in working in the financial industry, and they are expecting a lot from the man. According to the Willis Towers Watson CEO, John Haley, Michael Burwell can contribute a lot to the growth of the company. He is also known for his strong focus with the clients who keep their partnership with the company. He is very positive that Michael Burwell will continue to promote these relationships, and his expertise in finance would guide all of them in making the company better. Michael Burwell, on the other hand, expressed his gratitude to everyone who welcomed him to the company. He stated that he would be doing his best to support the company and to make it one of the leading financial institutions in the United States. Find Related Information Here.

 

 

Willis Towers Watson has transformed to become a leading global advisory firm, which also provides additional services including broking services and other solutions for the corporate world. They managed to turn every risk in investment as a chance for growth, and since being established in 1828, the Willis Towers Watson continued to show their excellence through employing top individuals who are known to provide the company with guidance in becoming one of the leading firms in the country. The current number of employees working for the company is at 40,000, and they are actively operating in more than 140 countries. With the addition of Michael Burwell to the team, Willis Towers Watson is positive that they will be able to achieve their goals for the future.

 

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Michael Burwell Takes New Position

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For years Michael Burwell has been making his presence felt in the business world. Now, he his taking his work to even higher levels. Recently Willis Towers Watson, one of the leaders in the world for advising broking and solutions, announced that Burwell will be its new Chief Financial Officer. Burwell has a resume that proves he is more than qualified for this high position. He will be replacing the current CFO Roger Millay who has decided to retire.

 

Michael Burwell has more than three decades of experience working in both finance and professional services. Throughout his career he has held a number of leadership positions that will help him in his current position. Burwell has worked as Head of Global Transformation, COO and CFO of PwC, and also the head of transaction services in the United States. On top of these leadership positions, Burwell has also gained more than a decade of experience working as an auditor and more than twelve years working in transcription services.

 

Willis Towers Watson is very excited about their new leader. Chief Executive Officer John Haley was quoted as saying, “We are excited to have Mike join our leadership team. Mike understands managing, leading and driving results in a complex, global company.” Michael Burwell has a knowledge of finance and transactions that will allow him to help Watson have continued growth.

 

The move CFO seems as a natural progression for Michael Burwell. When speaking of the promotion, Burwell said he is honored to have this opportunity to Join Willis Towers Watson. He is very impressed with the leadership of the company. He shares the company’s commitment to the client, and their focus on culture. Go Here to learn more.

 

Michael Burwell is a graduate of Michigan State University, where he earned a B.A. in Business Administration. He has worked in numerous leadership positions and built an impressive resume. His thirty-one years of experience have prepared him to now lead Willis Towers Watson as their Chief Financial Officer. Burwell is committed to the long-term success of the company and with his long track record he is sure to have continued success.

 

Related:  https://www.willistowerswatson.com/en/press/2017/08/Willis-Towers-Watson-announces-new-Chief-Financial-Officer

Matthew Autterson: Financial Career Evolution

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Matthew Autterson is the current president and chief executive officer at CNS Biosciences, Inc, a drug research facility which studies substances and their positive application to treat several diseases. Born in Detroit, Michigan, Matthew Autterson dreamed of becoming a successful individual when he grew up. He chose to study at the Michigan State University when he was in college, and he has shown an exceptional passion to excel. He graduated in 1979 and received his Bachelor of Arts degree in Finance. After graduating from the Michigan State Unviersity, Matthew Autterson thought that his knowledge in the finance sector is not enough, so he enrolled himself at the University of Denver Graduate Tax Program. He would later use the knowledge that he learned from the university to become a successful investment management professional.

 

After graduating from the university, Matthew Autterson looked for a job that is closely related to skills. While searching for a job, one company caught his attention. It was the First Trust Corporation, a financial firm which focuses on trusts and other financial investments. The First Trust Corporation is a subsidiary of Fiserv, and Matthew Autterson thought that working with them will enhance his knowledge and skill about how the financial sector works. He joined the company and worked with them for a limited time, until Autterson had the idea to join a small financial startup based in Colorado. He left the First Trust Corporation to work with the Resources Trust Company, and the decision that he made was worth it, because he would later be appointed as the company’s president. Click Here For More Info.

 

Matthew Autterson transferred to Colorado after getting a stable job with the Resources Trust Company, but after serving for a number of years, he decided to leave. Several factors affected his decision to move from working in the financial sector to the pharmaceutical sector, and one of them is his curiosity on how other industries worked. Today, he is working hand in hand with the founder of CNS Biosciences, Scott Falci, to develop medicinal drugs that would cure neuropathic pain. He is also serving as one of the board members for Falci Adaptive Biosystems, which is also under the umbrella of the corporation owned by Scott Falci. Aside from his stint as an executive for Falci Adaptive Biosystems, Matthew Autterson is also busy with his philanthropic activities. He is known to donate a significant amount of cash to organizations, foundations and charities which are helping people who are suffering from neurological motor disorder.

 

More on: http://matthewautterson.com/

Innovative Investing Following Louis Chenevert

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At United Technologies Corporation, the future is something that without a doubt needs investment. Current UTC Chairman and CEO, Gregory Hayes understands the value of investing in not only innovations, but the people that are behind them. This is the forefront of a successful business for years to come. The new Pratt and Whitney GTF engine is a prime example of this commitment. Taking 20 years and around $10 billion to bring to life, it is now being used by 14 airlines and is currently on 72 actual crafts. The new GTF engine has a 16% reduction of fuel burn, produces 50% less emissions, and cuts the noise footprint by a whopping 75%.

The idea of greener and more environmentally friendly designs is nothing new at UTC. Once a UTC CEO, Louis Chenevert understood this and used it as a selling point for the technologies they were producing. Not only were the products reducing the environmental footprint, the factories and plants were set on reducing theirs by cutting water consumption down by 53% and greenhouse gasses by 26%.

Former CEO, Louis Chenevert was born in Quebec and joined UTC in 1993. With his Bachelor of Commerce degree in Production Management from HEC Montreal, he helped UTC not only survive the manufacturing slumps that took over the U.S., he kept the company on the leading edge of creation and innovation of aerospace technologies. Keeping the company in its birthplace, Connecticut, and continuing investments in technologies and workforce, UTC’s shares went from a low of $37 a share to $117 while CEO. Chenevert avoided layoffs of engineers during his time by moving hundreds of engineers back to Connecticut.

With a fierce focus on business, Chenevert not only built up a family of complimentary technologies, he understood the revolving cycles of demand, putting the company in business with both commercial and military sectors. Revenues in not just the manufacturing of new products, but the maintenance of delivered products keeps UTC’s profit margins up and investors happy. Although Louis Chenevert left UTC in December of 2014, it seems as though the new CEO, Gregory Hayes is following the previous focus of investment.

Richard Blair, The Leadership Behind Wealthy Solutions

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Richard Blair is the founder of Wealth Solutions, a company that offers services in financial advisory. Since the beginning of his career, Richard Blair has always been driven towards entrepreneurship and starting up his own company and eventually did so. Today, Wealth Solutions is widely successful, servicing a large list of clients. All through his career, Richard Blair has worked with different clients coming from different fields and backgrounds. This has given him the skills he needed to be able to form good connections with his clients, and to help his company retain the current ones. His career in the field of finance spans over twenty five years, which has given him the expertise to be able to be an efficient leader to his company, Wealth Solutions.

Before starting his own company, Richard Blair worked with a number of financial advisory firms. This work experience was what gave him the confidence to be able to start up his own company. When he started Wealth Solutions, he wanted to build a company that would offer some of the most appropriate solutions to its clients, while keeping their best interest in mind. Today, the company works on the principles of being able to always provide their clients with the best services. But it isn’t just the excellent customer service that has made this company what it is today. Richard Blair wanted his company to be able to appeal to a large customer base, and therefore formulated a number of services to help customers with their broad spectrum of needs. Right from advice regarding investments and mutual funds, to retirement and future planning, Wealth Solutions has a service for every field of financial advisory.

The main office of Wealth Solutions is located in Austin where customers can go and get a financial analysis according to their needs. With their broad range of services, Richard Blair has managed to not just land individual households and families, but large companies and businesses as well. Since Richard Blair believes that his company can help safeguard and multiply people’s finances, he didn’t want it to be limited to only one strata of society. While offering their services to the clients, Richard Blair also entrusts his employees to give the clients the knowledge that they would need to better safeguard their assets. Since Richard Blair comes from a family of people who were working in the education sector, he believes that a part of his company should focus on educating the clients as well.

Venezuela’s upper-classes aren’t suffering

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Augustin Otxotorena kept getting calls from worried relatives in Spain. They asked him where he kept getting his food and informing him of the food shortages in the country. Otxoterena responded by sending his relatives pictures of a fully stocked super market in Caracas. He wants his relatives to know that members of the upper class continue to do well in the country. According to Aserne.com, people from the lower classes must contend with the blackouts, the shortages, and other hardships brought on by the country’s economic woes.
The country continues to face economic hardship caused by falling international oil prices. Decreased demand for oil coupled with triple-digit inflation is causing an increasing number of Venezuelan citizens to call for current President Nicolas Maduro to step down.

Although upper class neighborhoods continue to do well, shortages of food and other necessities contributes to the growing unrest in the country. People like Manuel Gonzalez have said that Venezuela is really two countries right now. People in the upper-class areas barely notice the disruptions. People in the lower-class neighborhoods must live with the effects of the shortages.

If more companies follow the path of Lufthansa, which recently suspended service to the country, the rich may start to suffer as well.

 

 

Philanthropist George Soros Labeled “Undesirable Security Threat”

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Despite the fact, that “Hungarian-born George Soros urged” Western allies to increase aid to the Ukraine, and he offered a “$50 billion financing package … against increasingly aggressive Russia,” Soros, through his Open Society Foundation, refutes criminal allegations of a Russian prosecutor. George Soros claims to have benefited Russian citizens, protected their rights, and supported Russian law. The Russian government labeled his actions an “undesirable security threat.”

In his book, Ukraine and Europe: What should be done?, Soros gives first priority to the Ukraine as a crisis affecting the stability of the euro. Eurozone consumers create a huge market for exporters of the United States, China, India, Japan, and Russia. The Euro and the ability of European countries to repay their debts has major impact on the world economy.

Clearly, Soros regards the conflict in the Ukraine “disintegration.” He recommends financial assistance to support a free Ukraine along with the necessary sanctions against Russia. International banks invest in Eurozone country governments. The fall of the Euro would result in global recession and leave our banks once again unable to pay their debts.

George Soros began his philanthropic mission in 1979. He founded Central European University to enable thousands of disadvantaged youth to attain college degrees, and he expanded his mission into 100+ countries. His Open Society is a network of foundations and projects in the United States, Africa, and Asia. Soros, now 85 years old, advocates for human rights, freedom of speech, and free public health and education.

His organizations financed Black South Africans during the 1980s, copy machines to reproduce and distribute reading material in communist countries, and attempts to hold governments responsible for the welfare of their citizens. George Soros strove to hold oil and gas industries accountable for their actions. Soros believes his financial aid plan would increase private-sector investments in the Ukraine, and he hopes the Ukrainian government will serve its people justly through an open honest government and judicial system with unbiased and accurate news reporting.

In his book, Soros points out that the Ukraine can not defend itself if Russia wages a large scale or nuclear war, but he adds that the Ukraine “defend[s] the European Union” from Russia militarily. He advocates for the Ukraine because its rich cultural heritage and assets benefit the European Union. Soros wants to insure the success of the Ukrainian government which he claims will “protect the European Union … from Putin’s Russia and … transform … Europe.”

Soros also believes in the “aspirations [and success] of the Russian people.” The Port of Ukraine is essential to Russia’s Naval operations. Soros portrays President Vladimir Putin as hostile to Western nations who would deny Russia its rightful place in the world. Putin through Soros reports that Russia’s economic and political difficulties are due to conflict and hostility of Western powers. The Russian Education Ministry, which accredits Russian universities, ordered college libraries in Northern Russia searched and all books provided by the Soros’ charitable foundation burned.

The U.S. Money Reserve’s Stance on the Penny

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For the past several years, it has been a question on whether or not the penny has any real value. Phil Diehl who is the former Director of the U.S. Mint and the current president of coin distributor U.S. Money Reserve, is completely against the production of the penny. Mr. Diehl explained on CNBC Squawk Box that he believes that the penny costs too much to produce for what it is actually worth. The cost of producing one penny which is one cent is 1.8 cents which equates to millions of dollars that is lost to making pennies annually.

Mr. Diehl has received several protests against eliminating the penny. One argument is the fact that the elimination of the penny could lead to inflation of the United States’ economy. In response to this argument, Mr. Diehl states that this has been a concern for the past 25 years by penny lobbyists to keep the penny. Mr. Diehl then continues with a counter argument that in present day 75 percent of all transactions are now through electronic devices such as apps and credit cards. The remaining 25 percent of cash transactions would not be hugely affected by raising or lowering the prices of products due to the elimination of the penny.

Mr. Diehl continues by stating that in response to the elimination of the penny companies would likely round the prices down rather than round up. This action would be done to keep the customers happy instead of aggravating them with an increase in the product price.

Those who want to protect the penny include private interest groups that make the penny blanks. Among these private interests groups are the zinc lobbyists that produce 97.5 percent of what the penny is made out of. In addition to this, a private interest group called American’s for Common Cents has continued to protect the idea of the penny. The argument that this group uses is that organizations such as charities would be negatively affected because there would be less pocket change donated to organizations. In addition to this, the idea of “rounding tax” would negatively affect consumers.

 

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A Recap on Highland Capital Management’s Win of the HFM US Hedge Fund Performance Award

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Highland Capital Management is a firm that was established in 1993 by Mark Okada and Jim Dondero. It has its headquarters in Dallas, Texas with other offices in various places such as Singapore and New York. This firm is a security and exchange registered advisor, which has managed to acquire many assets that amount to $20 billion.

It boasts of various credit strategies that include collateralized loan obligations (CLOs), credit hedge funds, separate accounts, special and distressed situation private equity. It is well known for offering alternative ventures that include long/short equities, natural resources and emerging markets. In addition, the firm has a wide customer base that include funds of funds, public pension plans, governments, endowments, and wealthy people.

The company recently appointed Terry Jones as the president of Institutional products on 23 Oct 2015. Primarily this was to enhance the risk adjusted results and increase client solutions. Jones is in possession of an MBA and a bachelor’s degree in Economics from Columbia College.

Highland Capital Management’s co-founder, Jim Dondero has placed himself as a business icon in the corporate world. This is because of his overwhelming experience in different managerial positions, and an excellent academic background. He boasts of being a Certified Public Accountant, a Certified Financial Analyst and a Certified Management Accountant. In addition, to he graduated with a degree in finance and accounting from University of Virginia.

In Highland Capital Management, Jim is tasked with the duty of managing the firm’s investment plans and operations for both retail and institutional products. Due to his incredible business acumen, various funds under his supervision have achieved various awards that include the Morningstar’s #1 ranked Healthcare Long/short Equity Fund in 2014.

The company recently had another boost by being awarded the HFM US Hedge Fund Performance Award. This was due to the commitment of the Michael Gregory and his colleagues in healthcare investment. The HFM US Performance Awards appreciate funds of funds, hedge funds, and 40 Act funds that have achieved exemplary results.

This information can be obtained from PR Newswire through the following link http://www.prnewswire.com/news-releases/highland-longshort-healthcare-fund-wins-2015-hfm-us-hedge-fund-performance-award-300176870.html