Dorsey Wright & Associates (DWA), an independent and privately owned registered investment advisory firm based in Richmond, Virginia, U.S.A has purchased 19% of Stockezy.com, online social investing and networking website from India, which is designed to help connect Indian stock market investors.
Dorsey Wright & Associates, (DWA), is an expert in the area of Point & Figure technical analysis and managing individual investment portfolios. DWA recognized that India is an untapped marketplace and wanted to educate investors regarding the immense investment opportunities in India. By purchasing a minority stake in Stockezy.com, DWA will be able to use its expertise to educate investors in the United States, as well as around the world, regarding the immense investment opportunities within the Indian marketplace through such investment vehicles as Exchange Traded Funds (ETFs), American Depository Receipts (ADRs), as well as other investment tools.
Tom Dorsey (63), President and Founding Member of DWA said, “India, with over 1.5 billion in population, is the marketplace to watch for global investors and by purchasing a minority stake in Stockezy.com, DWA will be able to expand its customer base as we promote the investment opportunities in the Indian marketplace. India is currently where the United States was 50 years ago regarding its investment prospects. The great strides in technology will enable virtually anyone from around the world to invest in the Indian marketplace.”
Tushar Makhija (29), CEO and Co-founder of Stockezy.com said, “We are very excited to benefit from the expertise of Dorsey Wright & Associates and to help educate investors around the globe on the investment opportunities in the Indian Marketplace. DWA has a proven track record of success in the United States and will now be providing the latest technical research reports for the Indian stock markets.”
Subscribe to this comment's feed
written by fake coach bags, March 15, 2011
written by AIR MAX 2009, March 15, 2011
written by designer sunglasses, March 15, 2011
written by cheap sunglasses, March 15, 2011
| < Prev | Next > |
|---|
- IndiaMART.com paves global route for SMBs
- What Government Does for Promotion of Overseas Employment
- Proposals Invited for Opening Technical Colleges
- Visa and Snapdeal.com Enter Strategic Partnership
- 20 new IIITs approved on Public Private Partnership (PPP) basis
- Performance of SEZs in India
