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
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
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