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Institutional Investor (May Issue)

2014/ 05/ 21 by jd in Global News

“When it comes to providing the direction that money managers find most helpful, they say, Mizuho and Nomura outpace the competition. These firms share top honors on the 2014 All-Japan Research Team, Institutional Investor’s 21st annual ranking of the country’s best sell-side analysts, by capturing 24 team positions each.”

 

5/21 Issue

2014/ 05/ 21 by jd in IRCWeekly

Institutional Investor released its annual research rankings for Japan, with Mizuho and Nomura sharing top honors in 2014 for best sell-side analysts. Nomura held the coveted position alone in 2013, and Mizuho rose dramatically from third place.

Investment Week posits Japan’s economy has more momentum than suggested by recent concerns over the consumption tax hike. Extremely low unemployment and the approaching Olympics should foster inflation through upward wage pressure. In fact, Japan’s GDP may be one of very few, indeed just three countries worldwide, to exceed OECD forecasts during 2014.

The world’s largest democracy appears set to gain new momentum with the election of Narendra Modi. Institutional Investor reported that in anticipation of his victory, the stock market rallied even before the votes were counted. Following his election, the Wall Street Journal held rapturously high expectations that Modi, unburdened by a coalition, would be able to improve economic opportunities and governance while reining in welfare, patronage, corruption and protectionism.

In contrast, momentum collapsed in efforts to create the world’s largest advertising firm. The Economist believes the failure of the planned Publicis /Omnicom merger was providential. It had been touted as a merger of equals which historically are the “most notorious failures.”

European judges threw a wrench at search engines that could transform the results of our internet interactions. The ruling which requires search engines not to link to certain sensitive information is being hailed by some as a victory for personal privacy. The Los Angeles Times, however, said the court was “creating an entitlement to censor history, or at least to make parts of the public record harder to find.”

The big foreign exchange houses may be wishing some of their records were harder to find. Following the LIBOR scandal, investigators have moved onto possible manipulation of the foreign exchange market. According to Euromoney, managers are living “in fear of what analysis of hundreds of millions of calls and emails will unearth.”

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To see the overseas media’s takes on these and other developments, you can browse Global News highlights below and or at http://www.irken.jp/gn/. Links to original sources are provided above, but please note these are frequently updated. Links that were valid at publication may later be broken. 

 

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