DSS Inc. Expands DSS Wealth Management, Inc.'s Management Team for Ramp Up of Asset Management Subsidiary
06 September 2023 - 10:40PM
DSS Wealth Management, Inc., a wholly owned subsidiary of DSS, Inc.
and advisor to DSS AmericaFirst Quantitative Funds, is pleased to
announce that Jim Monaghan has joined as Chief Operating Officer
and Chief Compliance Officer and Michael Cheah has joined DSS
Wealth Management in the role of Portfolio Manager & Head of
Fixed Income.
Jim Monaghan has joined DSS Wealth Management as Chief Operating
Officer and Chief Compliance Officer reporting to Daniel Lew. Mr.
Monaghan has over 30 years working in the investment industry
holding several leadership positions at industry leading financial
firms. He started his career in the annuity business as an equity
trader for pension funds at Mutual of America Life Insurance
Company. Jim continued his career as an equity trader at Chase Bank
working on their dealer trading floor on Wall Street. Jim’s strong
commitment to efficient operations, value added trading, and
compliance earned him a leadership role in his next position as the
Head of Trading and Operations for AIG’s mutual fund company,
SunAmerica Asset Management in New York City. His most recent
position was at Bloomberg L.P., specializing in compliance and
trading platforms.
As a proud member of the Market Technicians Association, he
holds the designation of Chartered Market Technician (CMT). His
technical skills and passion for the financial markets underscore
his dedication to understanding market dynamics. At the core of
Jim’s success lies his unwavering dedication to integrity and a
client-driven approach. Through his years in the mutual fund
industry, he has upheld these values as cornerstones of his
professional philosophy.
Michael Cheah has joined DSS Wealth Management in the role of
Portfolio Manager & Head of Fixed Income reporting to Daniel
Lew, Chief Investment Officer, and Portfolio Manager of DSS Wealth,
Inc. Mr. Cheah has more than 30 years of experience in the equity
markets. Recently he was teaching Financial Markets and
Responsibility, as well as Economic Data Analysis with Tableau at
Fordham University. He was the Executive Vice President of Capital
Position, one of the financial industry’s premier positioning,
growth strategy, and global marketing firms. Prior to Capital
Position, he served as the Senior Vice President and Senior
Portfolio Manager responsible for all investment-grade fixed income
portfolios at AIG SunAmerica Asset Management Corp. He also spent
17 years at the Monetary Authority of Singapore (MAS), where he was
the Head of the U.S. Bond Division, Markets, and Investment
Department, and Chief Representative of the New York office. His
responsibilities at MAS included managing foreign-exchange reserves
and overseeing external relationships with financial and government
institutions in the United States.
Professor Cheah has also taught Global Finance and
Macroeconomics at New York University, where he was a senior
adviser for the private sector concentration. He received his
bachelor’s degree in business administration from the National
University of Singapore and a Master of Science degree in
management from the London Business School, where he was a Sloan
Fellow and an MAS postgraduate scholarship recipient. He is also a
Chartered Financial Analyst and Financial Risk Manager. Michael
Cheah is the author of “Understanding Fixed Income Markets with
Chatbots” and "How to be the Best Job Candidate.”
Dan Lew said, “I’m delighted to reassemble such an experienced
and talented team. Collectively we have over 100 years of
investment experience. We worked closely together at AIG SunAmerica
for almost a decade and have remained in touch since then. There is
established strong chemistry and mutual respect for our skill sets
and we are delighted to have the opportunity to use our collective
expertise and experience to build something meaningful for our
shareholders and investors.”
Jason Grady, Chief Operating Officer of DSS Inc., noted, “DSS
Wealth Management’s focus on building an experienced and successful
investment team is the necessary prelude to expanding its asset
base through disciplined investment protocols. This talented team
has a proven track record of measurable success and high
performance backed by a reliable reputation needed to maximize
value for DSS shareholders.”
About DSS, Inc.
DSS is a multinational company operating businesses within nine
divisions: Product Packaging, Biotechnology, Consumer Marketing,
Commercial Lending, Securities and Investment Management,
Alternative Trading, Secure Living, and Alternative Energy. DSS
strategically acquires and develops assets to increase shareholder
value through periodic IPO spinoffs. Since 2019, under the guidance
of new leadership, DSS has built the necessary foundation for
achievable growth through the formation of a diversified portfolio
of companies positioned to drive profitability in multiple high
growth sectors.
For more information on DSS visit http://www.dssworld.com
About DSS Wealth Management, Inc.
DSS Wealth Management, Inc. recently assumed the role of Advisor
to the AmericaFirst Quantitative Funds. Utilizing a unique
quantitative approach to investing, DSS AmericaFirst offers
structure, process and tools designed to help achieve investment
goals.
For more information on AmericaFirst visit
https://www.americafirst.fund
Safe Harbor Disclosure
This press release contains forward-looking statements that are
made pursuant to the safe harbor provisions within the meaning of
Section 27A of the Securities Act of 1933, as amended, and Section
21E of the Securities Exchange Act of 1934, as amended. Such
forward-looking statements include, but are not limited to,
statements related to the Company's intended use of proceeds and
other statements that are not historical facts. Forward-looking
statements are based on management's current expectations and are
subject to risks and uncertainties that may cause actual results or
events to differ materially from those projected. These risks and
uncertainties, many of which are beyond our control, include: risks
relating to our growth strategy; our ability to obtain, perform
under and maintain financing and strategic agreements and
relationships; risks relating to the results of development
activities; our ability to attract, integrate and retain key
personnel; our need for substantial additional funds; patent and
intellectual property matters; competition; as well as other risks
described in our SEC filings, including, without limitation, our
reports on Forms 8-K, 10-K and 10-Q, all of which can be obtained
on the SEC website at www.sec.gov. Readers are cautioned not to
place undue reliance on the forward-looking statements, which speak
only as of the date on which they are made and reflect management's
current estimates, projections, expectations, and beliefs. We
expressly disclaim any obligation or undertaking to release
publicly any updates or revisions to any forward-looking statements
contained herein to reflect any change in our expectations or any
changes in events, conditions, or circumstances on which any such
statement is based, except as required by law.
Contact:DSS Inc. Investor RelationsIR@dssworld.com+1 (585)
565-2422
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