As an online analyst, Robert Horton ’88 is sending financial information to clients at lightning speed. Horton was added to the financial news analysis team of real-time audio news network, Trade The News
, in November.
Established in 1999, Trade The News is a live audio financial news service specifically designed for professional, active and institutional traders in the equities and futures markets.
Horton, who earned his electrical engineering degree from Lehigh, has some advice for fellow graduates looking for a quick fix in the investment world: “If it looks to good to be true, it is. Nothing is without risk.” Horton and the rest of Trade The News analysis staff are currently working on rolling out several new features.
Trade The News clients are composed of approximately 2,500 day traders and the network is unaffiliated with any major corporation or brokerage firm, making it the only independent and unbiased live financial news service. And via proprietary technology, Trade The News offers real-time up to the minute news and analysis Monday through Friday via the Internet.
Horton is such a valuable resource for traders because of his extensive and impressive background in investments. He was previously employed as a portfolio manager for six years with Zurich Scudder Investments, which is now part of Deutsche Bank Asset Management. There he managed two technology funds with combined assets in the $5 billion range, to rankings at or near top-quartile. Horton also co-created and managed the firm’s first hedge fund offering.
“I am familiar with the reasons for buying/selling and making trades from my experience as a portfolio manager,” says Horton, who earned his M.B.A. from the University of Connecticut.
Horton’s career in technology began in 1988 as a software engineer at United Technologies, and includes information technology systems experience at Citibank. Before moving to the buy side, Horton spent several years in technology research at Bear Stearns. His diverse array of experience in the financial field makes him an excellent asset on the analysis side.
“I know what moves stocks and what doesn’t from my past experience with Zurich Scudder,” Horton says.
Horton also developed key worldwide industry contacts while conducting research of companies and suppliers as a portfolio manager.
“It’s probably too soon to judge, but yes my industry contacts are helpful; I am in the flow of information on the street,” Horton says.--James CalderLehigh Alumni Bulletin Online
Posted on Thursday, March 10, 2005