Institutional Investor (April 17)Institutional Investor (April 17)
On April 1, Charles Beazley was named CEO and chairman of Nikko Asset Management, becoming the second non-Japanese leader to head the firm. While he is very downbeat on Europe, Beazley is decidedly upbeat on Japan’s prospects. “There’s a great deal of reconstruction work going on, plenty of capital expenditure by corporations, so production has been bouncing back and should continue to do so. We’re expecting things to normalize in 2012 and forecasting economic growth of 2.2 percent.”
On April 1, Charles Beazley was named CEO and chairman of Nikko Asset Management, becoming the second non-Japanese leader to head the firm. While he is very downbeat on Europe, Beazley is decidedly upbeat on Japan’s prospects. “There’s a great deal of reconstruction work going on, plenty of capital expenditure by corporations, so production has been bouncing back and should continue to do so. We’re expecting things to normalize in 2012 and forecasting economic growth of 2.2 percent.”
Tags: Charles Beazley, Europe, Japan, Nikko Asset Management, Outlook
