Private Wealth Builder Announces Formation of Asia Pacific Office
Private Wealth Builder are pleased to confirm their intention to have a physical presence in the Far East Isle of Man, United Kingdom, 2nd February 2016 - Private Wealth Builder ("PWB"), is an Isle of Man based, employee owned investment management Company, which together with its affiliates has approximately $10 billion in assets under management. Michael Basden, President of Institutional Products announced today that PWB can confirm their intention to have a physical presence in the Far East.
Castleton, Isle of Man, February 2, 2016 (Newswire.com) - Michael who was recently made President of Institutional Products, brings more than two decades of experience within the financial services and legal industry has been leading discussions with strategic institutional allocators and driving solution based business deals. In the last five months he has identified that the further development of his core team of global traders is hinged upon gaining a physical foothold in the Far East to allow the team to more effectively meet the increasing demands of PWB’s book of clients within the Asia pacific region.
Michael stated at a recent board meeting that, “For some time PWB has realigned itself to face head-on the current changing market dynamic. Our management have the correct experience, are bolstered by the best infrastructure, which allows us to be confident in continuing to outperform our clients expectations through these turbulent market cycles.’
"Wealth Flows from Energy and Ideas."
Michael Basden, President of Institutional Products
He added, “To enhance our clients experience and to better deal with the growing demands that are being put on us from clients in the Asia pacific region it makes sense to have a permanent physical presence in the region.”
He went on to state, “At this point I am not in a position to confirm where exactly our offices will be, at this stage we are looking at the feasibility of the financial centers of Hong Kong, Singapore, Kuala Lumpur, Shanghai and Sydney. I am sure that you all appreciate that this is not a decision we have taken lightly, however when I can confirm you will all be the first people to know.”
This move marks an important benchmark in the history of PWB and is a direct outcome of Michael’s efforts to develop “Real-Time” client solutions to connect and address the needs of PWB’s clients. PWB fully expects that Michael’s continued leadership will enhance the performance of PWB and provide client solutions to address the challenges that are posed by the increasingly complex markets globally.
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