Private Wealth Builder Announces Acceptance of New President
Isle of Man, United Kingdom, October 29, 2015 (Newswire.com) - PrivateWealthBuilder ("PWB"), an Isle of Man based employee owned investment management firm, which together with its affiliates has approximately $10 billion in assets under management, announced the hiring of Michael Basden as President of Institutional Products. Mr. Basden will report to Anthony Green, Founder and President for PrivateWealthBuilder, and will be based in the Isle of Man.
Bringing more than 20 years of experience in the financial services and legal industry, Mr. Basden will lead PWB's discussions with strategic institutional allocators to drive solutions based business deals. Further development of his core team of Global Traders and serve as a complement to PWB's broader institutional sales platform. In addition, Mr. Basden will be integral in portfolio risk management across the whole of PWB's platform and optimizing PWB's risk management infrastructure with respect to identifying, assessing and mitigating applicable risks.
A leader is best when people barely know he exists, when his work is done, his aim fulfilled, they will say: we did it ourselves. —Lao Tzu
Alistair McAndrews, Press Officer
"PWB is positioned to face the current changing market dynamic” Its management who have the experience, the support of the right infrastructure, and investing capabilities in below-investment-grade credit, and hedged equities positions as we intend to continue to outperform across market cycles.
Very excited to work with the PWB team to develop real time client solutions to connect those capabilities with client needs," Mr Basden announced "Ther interactive risk Programs capabilities answer the question of addressing the rising levels of market volatility and provide our clients with the transparency necessary to understand both risks and opportunities.
It is expected that Micheal’s continued leadership will enhance the performance, lower the global risk and provide client solutions to the problems everybody will face in these increasingly complex markets. Anthony Green President for PWB.