Summit Notebook

Japan’s Daiwa aims for private banking abroad

October 4, 2006

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Daiwa Securities Group Inc., Japan’s second-biggest brokerage, is betting on a new Singapore office to win business from wealthy Asian clients keen to invest in Japan, Koshiro Taniguchi, Daiwa’s head of private banking said.

Deregulation to stoke fight for rich Japanese

October 4, 2006

miyake.jpgOnce Japan’s banks get the green light to sell separately managed accounts to the country’s wealthy, they will go all out to grab the business from brokerages, said Toshihiro Miyake, a partner at the Japanese arm of consulting firm Accenture Ltd.

Audio-Asian pension funds still wary of hedge funds

October 4, 2006

Compared to their Western counterparts, managers of pension funds in Asia have been less likely to invest in alternative strategies such as hedge funds.

Audio-Still early days for Asia’s hedge funds

October 4, 2006

The hedge fund industry in Asia is still in its infancy, said Philip Millward, partner at the Hong Kong office of law firm Walkers.

Audio-Asian growth and opportunity

October 3, 2006

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Audio-Striking a balance in Asian private equity

October 3, 2006

seymour1.jpg                                                                                                                                                                 One of the challenges facing private banks in Asia — especially in developing markets where clients may be “affluent” rather than “very wealthy” — is how to strike a balance between the number of clients serviced and the number of services offered, said Wm. David Seymour of KPMG.

Japanese stocks top bet for hedgies -Rogers

October 3, 2006

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Japanese assets offer the best bet for hedge funds over the next couple of years, as a lack of competition creates trading opportunities, the head of a hedge fund advisory firm said at the Reuters Wealth Management Summit in Tokyo.

Audio – Brazil: Between a soft spot and a soft spot

October 2, 2006

A surprise run-off in Brazil’s presidential election should not be a cause for alarm for investors, emerging markets investment guru Mark Mobius told Reuters in a telephone interview.

Audio – The next hot market? — Romania

October 2, 2006

Membership in the EU, scheduled for next year, and a relatively large, dynamic and creative population, are two reasons that Romania caught the eye of Mark Mobius, one of the world’s best-known emerging markets investors.

Audio – Mobius, 70, and still hitting the road

October 2, 2006

Mark Mobius, the 70-year-old emerging markets investment guru who oversees some $29 billion in assets at Templeton Asset Management, says he travels some 200 days out of the year looking for investment opportunities — and doesn’t expect to slow down anytime soon.