Blackrock: why Asia’s capital markets must develop

Author: Ashley Lee | Published: 18 Apr 2013

KEY TAKEAWAYS

  • Blackrock’s Asia-Pacific chairman Mark McCombe discussed how lawyers must develop and deepen Asia’s capital markets to attract retail investors and foreign investment;
  • Corporate governance is an enormous concern in developed jurisdictions such as China and Japan as well as in emerging economies;
  • Asia’s population is getting older, and the domestic capital markets must deepen so that retail investors feel comfortable with investing rather than saving in banks.

Speaking at the Inter-Pacific Bar Association’s (IPBA) 2013 Annual Meeting and Conference in Seoul on April 18, Blackrock Asia-Pacific chairman Mark McCombe urged Asia to develop its capital markets....