Financial Experts Discuss Rise Of Asian Region As Global Financial Growth Engine

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26th October 2010, 03:20pm - Views: 1319






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MEDIA RELEASE PR41882


Financial Experts Discuss Rise of Asian Region as Global Financial Growth Engine


HONG KONG, Oct. 26 /PRNewswire-AsiaNet/ --


    Walkers Seminar Series Offers Insight on Financial Trends in Asian Markets


    Leading international law firm Walkers, along with other financial, investment, and legal experts recently provided

insight on market trends and opportunities in Asian financial markets during a seminar series titled "Global Growth,

Regional Gain." The series leveraged case studies and real experiences working with global clients to explore

Asia's central role in global financial growth in the hedge fund, private equity, and finance industries. 


    "We have seen growing interest in Asia as a financial centre over the past few months. Even the typically slow

summer months were extremely busy this year," said Guy Locke, Head of Walkers' Corporate and Financial

Restructuring Group, Head of Asia and Managing Partner of Walkers' Hong Kong office. "Offshore-onshore

interaction has become a necessity to favorably resolve restructuring and insolvency issues resulting from the

global financial crisis. Likewise, the economic picture in China will be central to the success of the global economic

recovery. As economies around the world continue to rebuild, the Asian markets present tremendous

opportunities."


    During the three-city seminar series, financial professionals including Walkers partners and experts from


ASEAN Capital Advisory Company Ltd, Deutsche Bank (http://www.db.com/index_e.htm ), Harvest Capital

Partners (http://www.harvestcapital.com.hk ), Rogers Investment Advisors (http://www.rogersia.com/mission.php ),

Goldman Sachs (http://www.goldmansachs.com ), and White & Case (http://www.whitecase.com ) offered in-depth

analysis of regional issues and market trends in private equity, finance, restructuring and insolvency, hedge funds,

and fiduciary services.


    "With the region increasingly viewed as a financial growth centre, this seminar series allowed us to bring

together experts to explore the central role that Asia plays in the global economy and examine the key market

trends and issues across the region including Hong Kong, Beijing and Tokyo,"  said Mr. Locke.  "Looking at the

Asian markets on a macro and micro level, we have seen an increased use of offshore remedies as a means to

achieving onshore insolvency as well as markedly more activity within the private equity industry."


    The seminars were held in Hong Kong, Beijing, and Tokyo throughout September and were adapted to the

unique environment in each region. The Hong Kong event discussed hedge fund growth, private equity, the use of

special purpose vehicles (SPVs), the need for independent directors, corporate and financial restructuring, and the

greater China market.  In China, the focus was on private equity, recent trends in finance and corporate and

financial restructuring.  The Tokyo session highlighted the re-emergence of domestic managers in Japan and

included discussions about the growth of offshore hedge funds, the growing diversity of Japanese fund strategies,

risk and governance considerations, and a hedge fund regulatory update. 


    "We have seen significant changes in regulatory structure with the Asian jurisdictions over the last nine months,"

said Wayne Bannon, General Counsel, Asia of The Carlyle Group who participated in the Hong Kong event. "As

new regulations are accepted and integrated into the way we structure deals in the region, we are not only seeing a

renewed sense of clarity and understanding among clients and business partners, but also a rejuvenated interest in

financing and investment."


    The most recent seminar series is one of many ways Walkers is committed to promoting a better understanding

of complex financial matters to help institutions meet their business goals and promote economic growth and

cooperation. Walkers' next event will be an event on November 9 at the Harvard Club in New York City, "Changing

the Game: The hottest topics in hedge funds and what you really need to know ahead of 2011."


    About The Walkers Group

    From offices in the British Virgin Islands, Cayman Islands, Delaware, Dubai, Dublin, Hong Kong, Jersey, London

and Singapore, the Walkers Group provides legal and management services to leading FORTUNE 100 and FTSE

100 global corporations and financial institutions, capital markets participants, investment fund managers and

middle-market companies. The Walkers Group is comprised of leading offshore law firm, Walkers, and

management services provider, Walkers Management Services, which provides special purpose vehicle (SPV),

fund and corporate services.


    SOURCE: The Walkers Group


    CONTACT: Kelly Cross

             Levick Strategic Communications

             +1-202-973-5301

             kcross@levick.com


Translations:

   Chinese - Traditional (http://asianetnews.net/Download.asp?ID=168023)


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