Wed, Jun 29, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Ed Rogers sees a much brighter year for Japan, Euro as unsustainable

Monday, December 28, 2009

amb
From the Opalesque team:

Ed Rogers, principal of Tokyo-based Rogers Investment Advisors, stated in his end-of-year commentary that that period had been a very challenging time for investors, quoting macro events such as the threatened default of Dubai, and that BRICs (Brazil, Russia, India, China) had been replaced with concern over PIIGS (Portugal, Ireland, Iceland, Greece, Spain) which are some of the more likely candidates for Sovereign default.

Rogers believes that the Euro currency is unsustainable as some of the countries within the Euro area, the PIIGS and others, may soon be faced with dropping out of the Euro currency because of their inability to meet Euro standards, or the Euro standards will have to change.

The continued threat of Sovereign default from one or more PIIGS, the coming disasters in the US commercial real estate space, US unemployment at 10% for an extended period of time; all of these possible, if not probable, outcomes will fuel market volatility in 2010 according to Rogers.

Equally probable, he said, is the fact that Japan suffers from none of these woes in 2010. Over 90% of Japanese government debt is in local hands, the Japanese real estate bubble burst 20 years ago, and unemployment is only 5.6% (even after many years of restructuring, but also helped by the declining population of Japan) all make Japan look like a market that has bottomed.

Rogers feels more and more strongly that 2010 will be Japan’s turn to shine.

......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Blackstone buys minority stake in New York-based credit hedge fund Marathon[more]

    Benedicte Gravrand, Opalesque Geneva: Blackstone Strategic Capital Holdings Fund, a vehicle managed by Blackstone Alternative Asset Management (BAAM), has acquired a passive, minority interest in Marathon Asset Management, for an undisclosed sum. Based in New York,

  2. Investing - Soros, Druckenmiller among hedgies profiting in market plunge, Hedge funds were most bullish on bonds since 2004 before Brexit, Surprise Brexit vote unleashes scramble for dollars, High-yield hit on Brexit but no panic selling, Scientist turned hedge fund founder lured to pound, euro, Hedge fund avoids commodities, posts big gains[more]

    Soros, Druckenmiller among hedgies profiting in market plunge From HITC.com: Bullish positions in gold and volatility and well-timed short bets on China and emerging markets, among other areas, were some of the trades that benefited hedge funds on Friday as markets digested Britons' s

  3. Manager Profile - A 26-year old hedge fund manager called Brexit — here's what he thinks about the historic vote[more]

    From Businessinsider.com: Taylor Mann is not your typical fund manager. The twenty-six year old Texas A&M graduate manages Pine Capital in Larue, Texas (population 160), where he resides with his three-year old daughter. Also atypical compared with many of the largest funds out there, Mann makes

  4. People - Mariner Investment’s co-CIO Williams to leave $5.5bn firm, IOOF hires new alternatives portfolio manager[more]

    Mariner Investment’s co-CIO Williams to leave $5.5bn firm From Bloomberg.com: Basil Williams, co-chief investment officer of Mariner Investment Group, is leaving the $5.5 billion hedge-fund firm after negotiations to renew his contract failed. Williams will stay in his role until t

  5. Hedge Fund Due Diligence Exchange offers complete due diligence reports at $1500[more]

    Matthias Knab, Opalesque: HFDDX is offering complete alternative investment due diligence reports at $1500 US. Industry professionals can simply go to www.hfddx.com and indicate their interest in sponsoring one or more DD Reports for $1500 each.