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Duration: 57 minutes
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Fis Group Celebrates 20Th Anniversary Of Creating Entrepreneurial Opportunity And Investment Success
PHILADELPHIA, PA, August 17, 2016 – FIS Group, a manager of U.S. and global developed, emerging and frontier markets equity portfolio strategies, is celebrating its 20th anniversary of working alongside institutional investors across the nation, helping entrepreneurial asset management firms advance, and serving the Philadelphia community.
At our just concluded 20th anniversary FIS investment conference in Philadelphia, we were privileged to have a guest speaker Professor Vivek Wadhwa. Prof. Wadhwa is an entrepreneur, author, and researcher at Carnegie Mellon University focused on the implications of the present revolutions in various aspects of technological innovation. In his entertaining and insightful address, Prof. Wadhwa profiled the radical advances and efficiencies in basic health care that are expected to dramatically drive down the costs of basic health care worldwide.1 These include technologies that are already available such as EKGs, glucose tests, HIV, syphilis, eye exams, and more from affordable smartphone assisted devices. On the market in India, but still yet to be deployed elsewhere, is the Swasthya Slate, a health tablet that can be used by any literate nurse to run dozens of diagnostic tests for pennies on the dollar that used to require hundreds if not thousands of dollars each and require long journeys to specific health facilities and onsite laboratories. Together with the myriad of other innovations including telemedicine and others is the prospect of substantially more affordable levels of basic health care for billions of consumers worldwide.
PHILADELPHIA, PA, July 20, 2016 – FIS Group, a manager of U.S. and global developed, emerging and frontier markets equity portfolio strategies, today issued its Q3 2016 Market Outlook. The outlook looks at the risks the vote poses to political stability in Europe, the surging yen in Japan, fading fears of an imminent U.S. recession, and the results of a modest safe haven rise in the U.S. dollar for emerging markets.
The turmoil that erupted after the June 23rd Brexit referendum has purportedly prompted many people who voted “Leave” to rethink their decision. New PM Theresa May has stated that “Brexit means Brexit,” dimming hopes that the referendum’s results would be reversed; but also inferring that Article 50 will not be invoked until next year. May has also appointed a number of prominent Brexit supporters to her cabinet,
with David Davis heading the new “Brexit Ministry” and Boris Johnson installed as the Foreign Secretary. These pronouncements and appointments could indicate that she has succumbed to Brexit (despite her earlier opposition) or it could be a shrewd political strategy to allow its economic and political consequences to hit home with voters and force her former rivals to “own” the fallout if and when the public turns on Brexit and its proponents. If future opinion polls show that a decisive plurality of UK voters favor remaining in the EU, this would give the British government the excuse necessary to call for a second plebiscite.