Thu, May 26, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Abenomics' 'three arrows’ are necessary to succeed

Wednesday, May 29, 2013

amb
Shinzo Abe
From Komfie Manalo, Opalesque Asia – Japanese Prime Minister Shinzo Abe’s so-called Abenomics that is centered on its "three arrows" policy are necessary for the country’s economy to succeed, said Rory Kennedy of Rogers Advisory in the latest 2013 Opalesque Japan Roundtable.

"If the public 'three arrows’ of Abenomics are monetary easing, increased government spending and fiscal reforms, I think the hidden three arrows of Abenomics necessary to succeed are the government, the bureaucracy and the people all to act in concert and that's what we are seeing right now," Kennedy told hedge fund managers who attended the gathering.

The 2013 Opalesque Japan Roundtable was sponsored by Eurex and Taussig Capital and took place on April 24th in Tokyo.

Kennedy made the statement in reaction to a view given by Peter Tasker of Arcus Research Ltd., which has been involved in managing hedge and long only money in the Japanese market since 1999, saying that Japan is the only country that's actually been in deflation.

Tasker said, "Now they want to get out of it. This is a huge shift in policy and will have a radical impact on perceptio......................

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. Paul Tudor’s hedge fund trims fee amidst poor performance, keep investors[more]

    Komfie Manalo, Opalesque Asia: Paul Tudor’s $11.6bn hedge fund firm Tudor Investment Corp. announced on Monday it would slash down fees of one of its biggest fund to 2.25% of assets and 25% of profits amidst backlash arising from poor performa

  2. Ares Capital to buy American Capital in $3.4 billion deal[more]

    From PIOnline.com: Ares Management's business development company Ares Capital Corp. is buying troubled BDC American Capital for $3.43 billion, said a joint news release by the BDCs and another release by Ares Management. Ares Capital Corp.'s assets are expected to grow to about $13.2 billion when t

  3. Performance - Hedge fund ETFs take a battering, Have long-short credit funds delivered?[more]

    Hedge fund ETFs take a battering From ETFStrategy.co.uk: It was a blow for the hedge fund world when Hillary Clinton’s son-in-law Marc Mezvinsky announced he would be closing his Greek-focused fund after it plummeted in value by 90%, just two years after it launched. For passive investor

  4. West Virginia objects to Alpha Natural sale to hedge fund[more]

    From AP/Heraldcourier.com: West Virginia's environmental authority has filed an objection to the proposed $500 million sale of Alpha Natural Resources' assets to a hedge fund, arguing that the deal could leave the state holding hundreds of millions in reclamation liabilities. The Register-Hera

  5. Launches - Man Group and American Beacon launch new emerging debt fund, Nikko AM launches new Japan equity UCITS fund[more]

    Man Group and American Beacon launch new emerging debt fund American Beacon Advisors, an experienced provider of investment advisory services to institutional and retail markets, launched the American Beacon GLG Total Return Fund today. The Fund became effective May 20. The America