Remarkable Contributions of George Soros as a Philanthropist

George Soros is world known philanthropist whose works and generosity has touched many souls and organizations in general. Soros was born in 1930 in Hungary. As a boy,he experienced the hard times during Nazi-occupation between 1944 -1945 whereby about 500,000 Jews were murdered in Hungary. It was a very difficult moment for Soros and his family to the point that they had to forge identification papers to hide their true identity to survive Hitler’s regime. It was an experience he would address in his later years as captured in Open Society Foundation platform. He would note that his family resisted a force that was much stronger than them and managed to help others do the same.

He would later leave for London in 1947 to study in London School of Economics. Forbes reports that he had a rough time during his college years since he had to take two part-time jobs as a waiter and as a railway porter to finance his studies. In 1957, we went to United Stated where he started his investment journey in finance investments. He created the Soros Fund Management in 1970. It was from his personal gains that Soros founded the renowned Open Society Foundations. This is a very robust network of projects, partners and foundations represented in at least 120 countries as captured in NY Times.

Soros based the fundamental approach of the foundation on the works of Karl Popper, a philosophy who argued in his book,’ Open Society and his Enemies,’ that such societies can only grow if they encourage;

 Democratic governance of the populace

 Freedom of expression for all people

 Due respect for human rights for all people

It is the above core principles that the Open Society Foundations’ works are anchored. This explains why many humanitarian efforts around the world are backed by Open Society and George Soros’s lacrosse camp.

The role of the foundation on promoting democratic governance has been key and with changing effects politically. In fact, he supported an exchange program for Hungary scholars to visit the western world in a bid to forge exchange of ideologies in 1980s. He also supported scholars in South Africa right after Apartheid via offering scholarships in 1979 hence leading to massive improvements politically socially.

The Open Society Foundation has played an instrumental role in giving voices to the marginalized in the society such as groups that represent Europe’s Romanies People. It has also supported the LGBT movement whose sexual orientation has seen the society isolate and reject them. The society hence gives such people a platform in which they can express themselves. This helps in pushing for their rights in the society in returnand Follow him

As reported by NY Times, George Soros made a very generous contribution of $18 billion of his personal fortune in 2017 to the Open Society Foundation. The Foundation confirmed the amount was meant to finance the future endeavors in fighting fascism and authoritarianism in different parts of the world. This amount was an addition to George Soros contribution to the Foundation since 1984.

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Information about Vincent Parascandola

Vincent Parascandola who is the senior vice president of the AXA Advisors is responsible for management development, sales, retention, recruiting, productivity and development of experienced and new financial professional.Mr. Vincent has over twenty-five years of experience in the industry. Vincent started his career in 1987 with Prudential as an agent, and while he was there, he emerged National Rookie of the year. He then joined MONY Life insurance company in the year 1990, where he held some regional and local field management positions before he joined AXA Advisors back in 2004.

Before his role as the divisional president, Mr. Vincent Parascandola was the Advantage Group president who is a section of AXA Equitable that is created to draw seasoned financial professionals. Before, he was the co-manager of the New York Metro branch of the company, which has almost 400 professionals in finance in the tri-state area.

According to pocomuseum, due to his leadership, Mr. Vincent has gained various management awards in his career which includes GAMA’s Career Development & Master Agency awards. Vincent is a sought-after speaker, and he has spoken at various company and industry conferences including the LIMRA’s distribution conferences and the GAMA’s national LAMP meeting. He is the former president of Florida chapter and a member of GAMA. Vincent is also the former chair of the Field Officers Committee of LIMRA.

Mr. Vincent is Bachelor of Science degree graduate from Pace University located in New York, and he recently went back to his Alma mater to give out the commencement speech to the class of 2014 that was graduating.

About the AXA Advisors, LLC is the dealer/broker and the retail distribution channel for the AXA Equitable Life Insurance Company New York which is a leading protection company in finance and among the premier providers of annuity products and life insurance o the nation. AXA Advisors network of approximately 6000 financial professionals offers products and strategies for investment and financial protection as well as estate planning, business, retirement, college, and asset allocation to assist customers with financial needs in their lifetime. AXA equitable which is an AXA Financial Inc subsidiary is a section of the world AXA Group, a global leader in wealth management and financial protection strategies. Check out his Facebook page for more details.

How Jim Dondero Turns Alternative Investment Bets Into Wins

Jim Dondero co-founded alternative investing firm Highland Capital Management in 1993 and continues to serve as the President of the company. Under his leadership, the company has over $15 billion in alternative assets under management. He’s made a number of daring calls during his time with Highland Capital Management, including investing in American Airlines when everyone else was running away from its stock and buying Argentina’s currency when the country was seemingly mired in unsolvable problems.While one would think that someone willing to take these types of bold moves would be outspoken and brash, Jim Dondero is actually introverted and prone to more thinking than talking. This has served him well in his career as his thinking has led to great gains for Highland Capital Management and its clients.

The initial alternative investment class that Jim Dondero focused on when founding Highland Capital Management was on nonbank collateralized loan obligations. He was a pioneer in this asset class and success in this led to the company to soon start investing in other alternative investments. They launched their first alternative mutual fund in 2000 and have continued to introduce new funds ever since.Jim Dondero has been in the financial industry for over 30 years. After graduating from the University of Virginia with top honors he started his professional career at Morgan Guaranty. Before founding Highland Capital Management he also worked for American Express as a Portfolio Manager and Corporate Bond Analyst, and at Protective Life as its Chief Investment Officer.

Jim Dondero strongly believes in giving back to the community. He supports a number of nonprofits including those that are involved in education, public policy, and veteran’s affairs. Since 2005, Highland Capital Mangement has donated more than $10 million to various charities around the world. Among the many nonprofits he has supported are the Wolf Museum of Exploration + Innovation, the Dallas Zoo, the Center for Brain Health, and the George W. Bush Presidential Library. He also donated his expertise and time, including being named as a member of the Executive Board for the Cox School of Business which is located at Southern Methodist University.

What You Should Know about Making Wise Investments

Timothy Armour serves as the Chief Executive Officer and Chairman of Capital Group. According to Timothy, various expensive and average funds shortchange those who invest with them. Mr. Buffet, after investing a total of $1 million for charity, mentions a few things in the latest annual shareholder letter based on his vast experience in investing. He encourages consumers to be cautious when identifying labels for different products. An intra-industry argument, the passive versus active debate does not represent the investor.

He continues to say that a high number of funds practice excessive trading and demand large management fees which result in poor returns to the investors. Moreover, costs of opportunities and volatility risks of passive investments are normally unknown or rather underestimated. What ought to be prioritized is conveying low cost and excellent longterm investment returns which act as the major components of the returns. It is high time to challenge the notion that claims that passive index returns are the safest solution to receive a better retirement. They do not shield against down markets as this funds have their place.

In association with the Capital Group, Timothy has acquired investment experience for about 32 years. Initially, he represented the United States of America service companies and global telecommunications. This was during his service years at Capital as an equity investment analyst. This is where he started his career in The Associates Program as a participant in Capital. His first degree, in economics, was from Middlebury College.

Capital Group and Samsung Asset Management have created a partnership to work together so as to develop capabilities and asset management products for the market of Korea. These firms agreed to focus on four major areas. The first one is to improve SAM’s investment capabilities by selecting associates and managers who will be involved in regular study trips so as to aid investment processes. They also focused on developing long-term, objective-oriented, and branded retirement alternatives for the market of Korea. At the same time, they have an objective of appointing and using appropriate Capital Group services and products as well as providing programs that will facilitate training on various business and management activities to know more visit @:

Keith Mann and Dynamics Search Partners raise over $22K for Uncommon Schools of New York

The Dynamic Search Partners Founder, V, has worked to hold a fundraising meeting at the Garden Beer Hotel based in New York to help aid with the assistance of the Uncommon Schools get better examination system. For Keith Mann, nothing gives him more honor than to have them assisted through their development process in the region. As a matter of fact, he is one of the biggest donors for the Brooklyn-based Uncommon Schools. For the fundraising, the worked to raise more than $22,000 to help the schools facilitate their examination programs administered for the students and assist them move to the next level of education.

According to Keith Mann, the raised funds will go a long way in assisting the students during their end year examination process. For this reason, they will work to open a new high school at the school charter. Keith Mann believes that the primary goal of their raised funds is to help the Uncommon Schools to close the gap between the low-income students and the rich kids. For this reason, he will work towards the development of a proper graduate system for those who clear from the uncommon schools.

The gap between the millions of poor students will be closed by this fundraising throughout the country. Keith Man has a strong conviction that people should be given the same access opportunity to access education in any system to have them procure the best services in the region. For this reason, this funds will also work to enable them to get this rarest opportunity to get the development criterion.

The Uncommon Schools has a regime plan to have the Brooklyn High School open by the end of this year. For this reason, the students are supposed to attend the examination to determine their credibility to join high school through the AP and PSAT tests. Before the fundraising, Keith Man and his Dynamics Search Partners Company had more than $10,000 dedicated to helping the students meet their basic needs in education. For this reason, they will also create a relationship between the company and the learning institution and improve success in college education.