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Rating:Fidelity Targets Japan's Retirees Not Rated 5.0 Email Routing List Email & Route  Print Print
Friday, August 3, 2007

Fidelity Targets Japan's Retirees

by: Erin Kello

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.  

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