Financial advisor gets new job: Fidelity

A financial advisor with a boutique firm is being given a new job as a portfolio manager for an asset management firm.The announcement comes as India’s finance minister announced plans to revive the sector and bring it into the mainstream.Investment banking analyst Jyoti Rana said the appointment of the new portfolio manager will be made soon.The move comes as the […]

Soros’s $400M Blockchain Investment Is the Key to a Billionaire’s Future

On Friday, Soros, a longtime investor in blockchain technology, announced a $400 million investment into a start-up company that will create the technology that will power a decentralized, digital currency called Ethereum.The company, called Hyperledger, is based in New York, according to the announcement.The project was originally founded in 2014 by a group of academics at the University of New […]

Why I’m investing in ETFs

What’s a ETF?An ETF is a type of investment that trades like a stock, but in the futures market.The ETFs are designed to be “portfolio managers” for stocks, which is the way they trade the shares on the futures exchange.ETFs also trade like a fund, in that they invest their own money into a stock.ETF managers, on the other hand, […]

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