Dr. John Donnellan is a first generation academic from working class Irish immigrants. He is also a Professor and Chair of the Management Department at the NJCU School of Business. In addition, he is a four-time Fulbright award winner and scholar conducting research on cooperative education and business sustainability. Dr. Donnellan is a former Wall Street Executive from JPMorgan with teaching experience in China, England, Finland, France and Mexico.
DPS, Pace University
MBA, Nova Southeastern University
BBA, Pace University
07/28/2024 | NJ.com/The Jersey Journal
Risky business? Fulop adding Bitcoin ETFs to Jersey City pension fund portfolio
John Donnellan, a global business professor and chairman of the Management Department inside New Jersey City University’s School of Business, says the mayor has diminished risk to the city by investing in an ETF, which is regulated.
Donnellan says buying into an ETF is a “smart” way to diversify investments and provide a “nice bump” for the pension without a potential large loss. He said people are attracted to Bitcoin because “it is a non-sovereign nation currency” regulated “by the people.”
“The way I look at crypto ETF, just remove the word crypto, if I put energy or water ETF, who cares?” said Donnellan. “Nobody would mention anything. The minute you put in the word crypto there is a fear of the unknown because it is still not fully understood.”