An investment veteran with two decades of experience in capital markets, Matt Eitner serves as the CEO of Laidlaw & Company (UK). Previously, Matt Eitner was managing director at Aegis Capital and an associate at International Strategy & Investment. His deep understanding of international markets has been one of his strongest assets.
Private investors who are looking to invest in international markets may find it challenging to open a brokerage account in a foreign market, convert dollars to local currency, shop around for stocks in that market, and then have to eventually convert funds received for shares sold back to dollars.
A much better option, in many cases, is to use American Depositary Receipts (ADRs). These financial instruments aren’t stock per se, rather they entitle the purchaser to a number of shares in a foreign stock that’s held on their behalf in a depositary bank.
ADRs present investors with many advantages. Since they’re traded in the domestic market, they can be purchased just like any other American stock through any domestic brokerage account. ADRs are also priced in dollars, so no conversion needs to take place, and they’re traded during US market hours.
Matt Eitner is a career finance professional with experience in equities trading, financial consulting, and wealth management services. As the CEO of the investment firm Laidlaw & Company (UK) Ltd. in New York City, Matt Eitner wears many hats in guiding the company in a broad range of investment strategies and markets. For those considering a career in the trading world, here are some positions to aim for.
1. Equities trading has been highly romanticized, and while it’s still a viable career path, it’s a difficult one to succeed in. This is where professionals trade publicly listed stocks and shares, and it involves ample research and a deep understanding of capital markets.
2. Fixed-income traders work with bonds, securities, and fixed income assets. Just about any fixed-income asset falls into this arena, and it’s typically a riskier path than equities trading.
3. Commodities trading involves the buying and selling of tangible assets such as metals, precious and otherwise, crops, crude oil, etc. Typically, commodities are traded using futures contracts, and the discipline requires substantial research tracking and staying aware of market trends.
Matt Eitner is a finance executive with a long career providing wealth and investment advisory services to organizations and wealthy individuals. The CEO of Laidlaw & Company, Matt Eitner was instrumental in spearheading that firm’s expansion into the healthcare market. Healthcare is an increasingly attractive field, and a report from BNP Paribas laid out some of the reasons why.
First and foremost, the healthcare market has been outperforming the broader market in the long-term, and there are indications that this trend will continue. As people are getting older across the globe, healthcare costs associated with age are expected to grow as well.
Additionally, as massive economies such as China and other emerging regions become wealthier, the wealth effect will lead to increased spending on healthcare. Healthcare expenses, as a percentage of GDP, have been climbing in virtually every economy.
Furthermore, innovation in this currently undervalued sector is pervasive. Healthcare is a field ripe for disruption, and there are many organizations poised to create innovation in various areas, presenting ample investment opportunities.