Sat, Sep 5, 2015
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. Opalesque Exclusive: New Detroit-based CTA seeks to take advantage of coming volatility[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: An emerging manager has just set up his one-man shop in the city of Detroit. Synchronicity Futures,

  2. Opalesque Exclusive: When the SEC calls, fund managers need to get out of their own way[more]

    Bailey McCann, Opalesque New York: New pressure is hitting alternative investment funds from all angles. So far this month both hedge fund and private equity players have seen enforcement actions, and subsequent fines over fees, disclosures, and misleading statements. Citi one of the biggest

  3. Fortress hedge fund manager David Dredge says markets trouble on the way[more]

    From AFR.com: David Dredge of global hedge fund Fortress has built a career studying, predicting and protecting against the world's major financial crises. The recent convulsions in global sharemarkets are "just the beginning" of a painful adjustment as money drains from the emerging market economie

  4. North America - Puerto Rico agency plans talks with hedge fund creditors[more]

    From WSJ.com: Puerto Rico’s Government Development Bank is planning to begin confidential debt-restructuring talks with hedge funds that own its bonds as early as next week, said a person familiar with the matter. The parties are set to discuss a plan under which the investors would lend additional

  5. Launches - BlackRock’s McKenna starts hedge fund with $270m, Ex-BlueBay fund managers Phillips, Fayman to launch hedge fund in 2016, Dallas lawyer, Wall Street-savvy doctor team up to form biotech-focused hedge fund[more]

    BlackRock’s McKenna starts hedge fund with $270m From Bloomberg.com: BlackRock Inc. has started an event-driven hedge fund one year after hiring Harvard Management Co.’s Mark McKenna to run the strategy. Global Event Partners, which seeks to profit from corporate events such as takeovers

 

banner