There has been a surprisingly quick turnaround from interest to investment. It took 10 years for institutions to switch to hedge funds, but it's much faster this time.
More Quotes from Kirby Daley:
While a Koizumi win was priced in, such a decisive victory ... is more than most were expecting. Koizumi will now be able to push his reform agenda with a much freer hand.Kirby Daley
Investors are now coming to grips with the fact that oil is not going to retreat any time soon.
Kirby Daley
Foreign investors very much credit Koizumi... with the economic recovery Japan is now enjoying. Strengthening (his) hand to move ahead with further reforms is exactly what investors want to see.
Kirby Daley
Hedge funds have used listing as a method of fund raising, with varied level of success. It certainly broadens the reach to investors.
Kirby Daley
Retail investors are value-hunting now. The asset managers and any institutions with money are starting to come back in.
Kirby Daley
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