the japanese asset management industry implications for fostering and capital markets in asia daiwa institute of research tokyo japan july 2006 contents list tables figures charts executive summary 1 introduction 11 chapter 13 reinforcing market economies with an structure 2 present state business 16 3 purpose 20 4 a comparison between investment trust companies advisory 23 5 some issues confronting 26 6 new developments 28 collective 31 overview trusts defining classification funds publicly offered securities 35 quantitative limits calculation net value per share fees expenses 38 paid directly
