By Kane Wu HONG KONG (Reuters) -New York-headquartered KKR & Co is holding its first board meeting in Asia this week in Tokyo, a spokesperson for the firm said on Tuesday, underscoring how important Japan has become for the global alternative asset manager. KKR's two co-founders, George Roberts and Henry Kravis, as well as its co-CEOs Joe Bae and Scott Nuttall, are among those present at the two-day board meeting, which commenced on Monday, the spokesperson told Reuters in an email. "We've been consiste ...

A brightening growth outlook. The global economic outlook continues to build on momentum seen in prior months, as attested to by panelists in the Fund Manager Survey (FMS) as well as our proprietary growth indicators. See It's official: Regime indicator in "Recovery" and Style Cycle: Strengthening 'Recovery'. The FMS view on the Asia Pacific ex-Japan economy improved in tandem, to a 7-month high, and net 39% expecting the Japan economy to strengthen in the next 12 months. Despite higher growth prospects, in ...

Group 1 - Berkshire Hathaway (BRK.B) increased its stake in Mitsubishi Corp. to 10.23%, up from 9.74%, indicating ongoing expansion in Japan [1][8] - The total investment cost in Japanese firms is $13.8 billion, with a market value of $23.5 billion by the end of 2024, reflecting significant growth [2][8] - Berkshire expects to receive $812 million in annual dividends in 2025 while incurring only $135 million in interest expenses from yen-denominated bonds [4][8] Group 2 - Corporate governance reforms in Japan have improved transparency and capital efficiency, making Japanese companies more appealing to foreign investors [3] - Japanese companies are trading at lower valuations compared to U.S. companies, enhancing their attractiveness for investment [3] - Berkshire's strategy of issuing yen-denominated bonds has limited currency exposure and leveraged Japan's low-cost debt environment [4] Group 3 - MetLife has established a strong presence in Japan, particularly after acquiring Alico in 2010, which positioned it as a leader in the life insurance sector [5] - Aflac has invested in startups through Aflac Ventures Japan and converted its Japanese branch into a subsidiary, highlighting its commitment to the Japanese market [6] Group 4 - BRK.B shares have gained 11.3% year to date, outperforming the industry [7] - The price-to-book value ratio for BRK.B is 1.61, slightly above the industry average of 1.56 [9] - The Zacks Consensus Estimate for BRK.B's third-quarter 2025 EPS remains unchanged, while the fourth quarter estimate increased by 14.1% [10]

Market Outlook - JPMorgan Chase & Co 预测，如果公司治理改革获得动力，韩国股市基准指数可能在两年内从当前水平上涨超过 50% [1]