Despite Japan's much-publicized economic problems, independent financial advisers Towry Law are "very pleased" with the performance of their Japan operations, according to John Simmonds, managing director of the Britain-based company.
"Considering the market conditions in Japan, we're very pleased," said Simmonds, who was visiting Tokyo recently. "It isn't the time to be investing heavily, but we're cautiously optimistic," he added.
Towry Law opened its Tokyo office, near the British Embassy in Chiyoda Ward, in September 1999, initially targeting expat investors looking to make the most of their excess income rather than simply letting it gather minimal returns in, say, a regular bank account.