Guidelines on a Good Retirement according to David L. Giertz, President of Nationwide Financials, Sales, and Distribution.

For more than 30 years, David L. Giertz has been involved in advising people on how to spend and invest on their finances. In the USA, he is one of the best financial advisors due to his precision on matters money and its use. His career has led to the success of many businesses and he carries out several community projects and in the long run, he interacts with many people in the community. Individuals seeking his help, say that he is easy going and ready to assist at any moment.

Apart from retirees, David Giertz would like millennials to be involved in retirement planning so that they retire well. Planning needs attention, commitment and above all, services from a qualified financial advisor. Without these, old age would be miserable.

Being one of the best, David Giertz advises that being stable financially is good. One will have to save generously, a large part of their salary. During the productive years, people should look for extra work that will earn them enough income for upkeep. Having more than one job will enable resourceful saving.

Investing is another wise thing to do. Gains from investments provide money that will give financial security in retirement. It will also engage your mind and make one occupied in the positive grind as long as profits will be constant.

Smart ventures may also include saving enough money early so that in case you retire early, you will have enough money and time to work for yourself as a millennial. On average, you need to have saved ten times your annual salary when you hit 60 years. You will be comfortable after leaving your profession.

David Giertz continues to say that supplementary saving is essential coupled up with a brokerage account. Compound interest should be an idea in one’s mind it will add your money in the bank as you deposit more. There will be elasticity in case one will need to remove money from the bank to invest in other businesses. If a person keeps money in the health savings kitty, it will be worthy too.

What Highland Capital management Korea’s first healthcare-based private equity fund deal mean to Asian investors

Highland Capital management Korea, a subsidiary of the prestigious alternative management firm, Highland Capital Management (HCM), recently sealed a health-based private equity fund deal worth $147 million with the South Korea National Pension Fund (or NPS). This was the first Highland Capital’s healthcare-related private equity fund to be launched in Asia. Although many Asian investors have shown interest in the sector in the previous years, most potential investments made were either via multi-purpose funds or on direct basis. Read this article at PR Newswire.

The strategy of the fund is aligned to Highland Capital’s core capabilities, owing to their deep experience and expertise in the healthcare industry. By and large, healthcare is HCM’s biggest industry exposure and a bigger percentage of the company’s 15-year private equity track record relates to healthcare industry.

The fund will be co-managed by a Korean private equity fund firm, Stonebridge Capital, and the main investment targets will be middle market healthcare firms in Asian and North America.

Investors planning to invest in the fund are predicted to reap big due to a number of factors. To begin with, the healthcare sector in US faces numerous upsetting forces that negatively impact companies in the middle market. Additionally, the demographic ‘graying’ of the US and improved access to healthcare in Asia are not only driving high utilization levels but also complex government and consumer demands in the healthcare industry.

All these factors coupled with the emergence of value-based reimbursement models are going to create great opportunities for the fund’s investors. Besides investment returns, investors who are going to participate in the fund are going to fulfill certain objectives, including the opportunities to co-invest and serve their strategic objectives in Korea, US, and China. Read this article at Dallas News.

About Highland Capital Management

Highland Capital Management is an investment adviser firm with over $15.4 billion worth of assets under management. Founded in 1993, the company specializes in a wide range of credit strategies, such as credit hedge funds, collateralized loan obligations, long-only funds, special-situation and distressed private equity among others. Highland Capital also provides alternative investments services including long or short equities, emerging markets, and natural resources.


Brazil Poor Sanitation Necessitates Need for Partnerships

Sanitation in Brazil has been the role of the government. However, the government proposed the need to incorporate other entities in the program. Professionals in Sanitation and infrastructure were consulted to give their opinion on the best way to implement the plan.

The government chose to make concessions through partnering with BNDES (National Bank and Social Development). In the implementation of the plan, the BNDES will be required to play a vital role in the identification of the gaps in each location. They too are mandated to survey and develop a customized execution plan for every affected area.

Poor sanitation and water wastage have adverse economic effects in Brazil state. The mismanagement of the system is evident in the state resources, management, and structure. Collaboration with other agents to improve water and sanitation systems in the country will recuperate the state economic status.

Private companies are considered as part of this plan due to their enhanced technology and improved systems. These entities are investors thus have better operations and management of resources as opposed to government agencies. Their participation in the program shall economically uplift the status of the public institutions. Incorporating private sector by the government will also make sure the sewerage networks are better managed.

Every key player must have their roles well defined to avoid confusion and overlapping of activities during implementation. Evaluation of the private entities capacity to handle the program before the contractual agreement is critical. Initiative goals and required deliverables for every partner must be well understood and documented before signing any contracts.

About Felipe Montoro Jens

Felipe Montoro Jens was one of the advisors in the Brazil government during consultations on the government collaboration with the BNDES. He was a valuable resource in the initiative due to his broad expertise in infrastructure. In 2010-2013, Felipe served as a director in Braskem.

The renowned leader is an expert in finance. He has built his management skills overtime by holding various positions in different organizations. Mr. Montoro served as a board member in Concessionaria do Centro Administrativo do Distrito Federal. He is the chief executive officer of the Energizer Captacao S.A and a director of Santo Antonio Energia.