NEW YORK, Sept. 26, 2016 /PRNewswire/ -- Eagle Gates Group is focusing on attaining leadership in wealth management business and currently has a suite of products aimed at the financial services segment.
Eddy McClough, Chief Executive Director of Eagle Gates Group, told reporters yesterday in New York that going ahead, the focus would be on growing their position in financial services space across different geographies.
"We will be expanding to Russia and India next. China may be the largest emerging market in the world, but India has a rapidly growing population and dynamic economy that could eventually usurp China to become the largest in the world. India is also actively encouraging the entrance of foreign players into the market and its positive demographics and rapidly growing economy make it a great opportunity for international investors." Eddy noted.
"Russia, on the other hand, is the 6th largest economy and its economy is expected to grow to almost $4 trillion in 2019. Rich in natural resources, Russia has an enormous population of 142 million citizens with personal incomes that are growing an estimated 10% to 15% each year. These two countries require wealth management solutions and we can provide it to them at a better cost than other companies," he said.
He also noted that given the size of these two countries coupled with expanding domestic markets and effective use of their policy space, India and Russia provides huge expansion potential and are also well-equipped to escape the worst of any adverse external environment.
About Eagle Gates Group
Eagle Gates Group is ranked among one of the world's leading asset management firm. First established in 2005 as Eagle Gates Corp in the United States of America, the firm was later renamed Eagle Gates Group in 2009 to reiterate its desire to expand internationally and become a global financial powerhouse. Uniting over 300 specialized investment professionals globally, Eagle Gates also boasts a comprehensive administrative support, state-of-the-art IT systems and excellent risk control protocols. From insight to action, Eagle Gates helps its clients better serve their own with more durable portfolios.
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SOURCE Eagle Gates Group