MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Friday, August 3, 2007 Fidelity Targets Japan's Retirees Fidelity's Japan division is aiming to double its assets under management to $85 billion, in the next few years. Reuters reports that Fidelity hopes to achieve this by targeting Japan's rich retiree market, which encompasses one-fifth of the country's 127 million people. "No other country in the world has such a large number of baby boomers retiring in the next three to five years," Thomas Balk, president of Fidelity Investments Japan, told Reuters. Printed from: MFWire.com/story.asp?s=15284 Copyright 2007, InvestmentWires, Inc. All Rights Reserved |