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From Precy Dumlao, Opalesque Asia:

Hedge fund managers who participated in the latest Opalesque Japan Roundtable agreed that Japan corporations are recovering well, one year after the devastating earthquake that triggered a widespread tsunami, damaged the nuclear power station Fukushima and destroyed hundreds of buildings, causing billions of dollars in damage.

The roundtable was sponsored by law firm Bingham McCutchen and Eurex and took place in May at Bingham's Tokyo offices.

Ed Rogers, head of research and investment firms Rogers Investment Advisors, Wolver Hill Asset Management and Wolver Hill Advisors commented, "One year ago there was something like a general panic when you mentioned the word "Japan" to investors or the media. There was fear about the long-term effects of the Tsunami, how to clean up the Fukushima nuclear power plant, etc.; anything related to Japan was overwhelming. Most investors frankly gave up on Japan. In addition, the Japanese government deficit continues to scare off many investors."

"One year later, we see a tremendous change in investor attitudes and in fact within Japan itself. The government response to the clean up has somewhat predictably created a lot of political turmoil in Japan. We expect this turmoil to continue and the long-term......................

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