NEW YORK, July 20, 2016 /PRNewswire/ -- Eagle Gates Group plans to further expand its Asian retail business in the next five years. Eddy McClough, chief executive officer at Eagle Gates Group, says the group will continue to look at retail opportunities in Asia, with possible plans to establish new offices in the region.
Eagle Gates Group's history spans almost a decade and through careful stewardship and intelligent investment, the group has expanded to become one of the leading financial services groups across America and Europe.
Eddy is positive about the outlook for the Asian market.
"I see tremendous growth opportunities in the Asia Pacific region, especially the likes of China and Thailand. A number of partnership discussions are already underway. The foray into the Asian market reflects our commitment to growing the global footprint of Eagle Gates Group and gives us access to such an important investment market," he said.
Eagle Gates Group provides exchange traded funds and other products investing in indices, infrastructure and real estate. Eagle Gates Group also serves institutional investors who need to invest insurance or pension funds.
In Asia, Eagle Gates Group has a Tokyo office which has been operational since 2013 but Eddy admitted its Asia business should be bigger.
"The business in Asia Pacific now represents only single digits of our global business asset size. We are targeting a double digit in the next five years. Asia has a young population and a growing segment of wealthy individuals which would support future growth for the asset management industry," he said.
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.