NEWS BLOG-Fisher Capital Management Warning News

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Bank of Korea Governor Kim Choong-soo, right, holds a meeting with chief executives at the BOK’s headquarters in central Seoul yesterday. Korea’s central bank governor cautioned companies, individuals and the government yesterday on the danger of taking on an unreasonable level of debt. During a meeting with corporate executives yesterday, Bank of Korea Governor Kim Choong-so said, “corporations, the government and individuals should pay close attention to how much debt they take on.” The BOK’s 25 basis point rate hike last Friday will increase interest payments for debt holders. Kim also commented on Korea’s mounting household debt. “We should keep an eye on those who take out loans that have no ability to pay them back.” Yet he expressed confidence that Korea’s record household debt – which recently exceeded the 800 trillion won mark – is manageable. A number of the country’s largest conglomerates were represented at the meeting, including Kim Young-chul, Dongkuk Steel president & CEO; Alfred S. Koh, Samsung SDS CEO; Huh Chang-soo, GS Engineering & Construction chairman; Huh Myung-soo, GS E&C president & CEO; and Yoon Young-doo, Asiana Airlines chief executive. “The housing market doesn’t look so optimistic,” said GS E&C’s chairman, blaming it on financial authorities’ tight management of project financing loans, causing builders to suffer from unsold apartments. Regarding the airline industry’s outlook, Asiana Airlines Chief Executive Yoon said: “The industry was sluggish in March and April due to Japan’s massive earthquake, but after hitting bottom in April, the number of visitors to Japan is on the rise. And since oil prices have stabilized, the industry is likely to do fine in the third and fourth quarter when demand peaks.” Meanwhile, S&P’s downgrade of Greece’s credit rating to the lowest possible level did not negatively affect the local stock market. The Kospi rose by nearly 30 points on relief over China’s inflation data. “The local market was buoyed by relief over the index that had been giving fears the most to the market,” said SK Securities analyst Kim Young-jun. He added that S&P’s credit rating downgrade of Greece did not negatively affect the local market as much since, “Greece had already received non-investment grades by credit rating agencies before the most recent downgrade in its sovereign rating by S&P. So large institutional investors had not been able to invest in Greece anyway.”

WARNING:FISHER CAPITAL MANAGEMENT NEWS- Investment Advisor Magazine Cites Ken Fisher on List of 30 Most Influential Figures

http://www.prnewswire.com/news-releases/investment-advisor-magazine-cites-ken-fisher-on-list-of-30-most-influential-figures-in-wealth-management-industry-over-past-30-years-92861999.html

WOODSIDE, Calif., May 5 /PRNewswire/ -- The editors of Investment Advisor, a leading monthly magazine and web site for wealth management professionals, have selected Ken Fisher, founder and CEO of Fisher Investments, and 29 other well-known investors, executives, regulators and political figures as the 30 most influential individuals in the industry in the last 30 years.

Investment Advisor published its "Thirty for Thirty" selection in a cover article commemorating the magazine's 30-year history.  In creating the list, the editors selected the individuals whom they judged to have had the most enduring impact on today's wealth management industry.

"With more than 24,000 clients, 1,000 employees, and $39 billion in assets under management, Fisher Investments is about as big as it gets in the advisory world," the magazine observed in citing Ken Fisher and his firm, Fisher Investments. The magazine credits Ken Fisher with an innovative approach to building and growing Fisher Investments, including:

• Strict separation between teams that sell Fisher Investments' services and those who provide ongoing service to clients
• Fisher Investments' extensive use of direct marketing
• The hiring of a formally designated Chief Innovation Officer

In an interview with the magazine, Ken Fisher also noted that Fisher Investments "distinguished ourselves a long time ago" by adopting "a complete, full global orientation from the beginning," an approach that "most of our industry has not embraced."

The magazine's recognition coincides with the release this week of "The Making of a Market Guru," (John Wiley & Sons, Inc.), a collection of Ken Fisher's widely followed "Portfolio Strategy" columns in Forbes magazine going back 25 years.  The author of the collection, Aaron Anderson, provides commentary putting Ken Fisher's observations and market wisdom into helpful context for today's investors.  In addition to his Forbes column, Ken Fisher has written six books, three of which ranked as New York Times best-sellers, and has authored or co-authored more than a dozen scholarly papers. For more information, visithttp://www.makingmarketguru.com.

Among the other prominent figures cited by Investment Advisor on its list of the 30 most influential figures in the industry areJohn Bogle, founder and former CEO of The Vanguard Group; Ned Johnson, Chairman and CEO of Fidelity Investments; Chuck Schwab, founder and Chairman of Charles Schwab & Co.; and Todd Robinson, founder and current Chairman of LPL. For more information, visit: http://www.investmentadvisor.com/Issues/2010/May-2010/Pages/30-for-30.aspx.

About Fisher Investments

Fisher Asset Management, LLC, doing business as Fisher Investments, is a portfolio management company founded in 1979 serving the needs of institutional and individual investors globally. Fisher Investments' clients include large corporate and public pension plans, foundations and endowments, as well as thousands of high net worth individuals. Fisher Investments is registered as an investment adviser with the Securities and Exchange Commission (SEC). Its portfolio management team is headquartered in Woodside, CA. For more information, visit: http://www.fisherinvestments.com.

FISHER CAPITAL MANAGEMENT NEWS-Investment Advisor Magazine Cites Ken Fisher on List of 30 Most Influential Figures in Wealth Management Industry over Past 30 Years

http://www.prnewswire.com/news-releases/investment-advisor-magazine-cites-ken-fisher-on-list-of-30-most-influential-figures-in-wealth-management-industry-over-past-30-years-92861999.html

IA's recognition coincides with release of 'The Making of a Market Guru' - a collection of 25 years of Ken Fisher's 'Portfolio Strategy' columns in Forbes magazine

WOODSIDE, Calif., May 5 /PRNewswire/ -- The editors of Investment Advisor, a leading monthly magazine and web site for wealth management professionals, have selected Ken Fisher, founder and CEO of Fisher Investments, and 29 other well-known investors, executives, regulators and political figures as the 30 most influential individuals in the industry in the last 30 years.

Investment Advisor published its "Thirty for Thirty" selection in a cover article commemorating the magazine's 30-year history.  In creating the list, the editors selected the individuals whom they judged to have had the most enduring impact on today's wealth management industry.

"With more than 24,000 clients, 1,000 employees, and $39 billion in assets under management, Fisher Investments is about as big as it gets in the advisory world," the magazine observed in citing Ken Fisher and his firm, Fisher Investments. The magazine credits Ken Fisher with an innovative approach to building and growing Fisher Investments, including:

• Strict separation between teams that sell Fisher Investments' services and those who provide ongoing service to clients
• Fisher Investments' extensive use of direct marketing
• The hiring of a formally designated Chief Innovation Officer

In an interview with the magazine, Ken Fisher also noted that Fisher Investments "distinguished ourselves a long time ago" by adopting "a complete, full global orientation from the beginning," an approach that "most of our industry has not embraced."

The magazine's recognition coincides with the release this week of "The Making of a Market Guru," (John Wiley & Sons, Inc.), a collection of Ken Fisher's widely followed "Portfolio Strategy" columns in Forbes magazine going back 25 years.  The author of the collection, Aaron Anderson, provides commentary putting Ken Fisher's observations and market wisdom into helpful context for today's investors.  In addition to his Forbes column, Ken Fisher has written six books, three of which ranked as New York Times best-sellers, and has authored or co-authored more than a dozen scholarly papers. For more information, visithttp://www.makingmarketguru.com.

Among the other prominent figures cited by Investment Advisor on its list of the 30 most influential figures in the industry areJohn Bogle, founder and former CEO of The Vanguard Group; Ned Johnson, Chairman and CEO of Fidelity Investments; Chuck Schwab, founder and Chairman of Charles Schwab & Co.; and Todd Robinson, founder and current Chairman of LPL. For more information, visit: http://www.investmentadvisor.com/Issues/2010/May-2010/Pages/30-for-30.aspx.

About Fisher Investments

Fisher Asset Management, LLC, doing business as Fisher Investments, is a portfolio management company founded in 1979 serving the needs of institutional and individual investors globally. Fisher Investments' clients include large corporate and public pension plans, foundations and endowments, as well as thousands of high net worth individuals. Fisher Investments is registered as an investment adviser with the Securities and Exchange Commission (SEC). Its portfolio management team is headquartered in Woodside, CA. For more information, visit: http://www.fisherinvestments.com.

SOURCE Fisher Investments

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FISHER CAPITAL MANAGEMENT WARNING NEWS

http://business.wikinut.com/Fisher-Capital-Management-Warning-News/p4gb8_oq/

Greece had already received non-investment grades by credit rating agencies before the most recent downgrade in its sovereign rating by S&P. So large institutional investors had not been able to invest in Greece anyway.

Fisher Capital Management Warning: BOK issues blanket warning on debt

Bank of Korea Governor Kim Choong-soo, right, holds a meeting with chief executives at the BOK’s headquarters in central Seoul yesterday. Korea’s central bank governor cautioned companies, individuals and the government yesterday on the danger of taking on an unreasonable level of debt. During a meeting with corporate executives yesterday, Bank of Korea Governor Kim Choong-so said, “corporations, the government and individuals should pay close attention to how much debt they take on.” The BOK’s 25 basis point rate hike last Friday will increase interest payments for debt holders. Kim also commented on Korea’s mounting household debt. “We should keep an eye on those who take out loans that have no ability to pay them back.” Yet he expressed confidence that Korea’s record household debt – which recently exceeded the 800 trillion won mark – is manageable. A number of the country’s largest conglomerates were represented at the meeting, including Kim Young-chul, Dongkuk Steel president & CEO; Alfred S. Koh, Samsung SDS CEO; Huh Chang-soo, GS Engineering & Construction chairman; Huh Myung-soo, GS E&C president & CEO; and Yoon Young-doo, Asiana Airlines chief executive. “The housing market doesn’t look so optimistic,” said GS E&C’s chairman, blaming it on financial authorities’ tight management of project financing loans, causing builders to suffer from unsold apartments. Regarding the airline industry’s outlook, Asiana Airlines Chief Executive Yoon said: “The industry was sluggish in March and April due to Japan’s massive earthquake, but after hitting bottom in April, the number of visitors to Japan is on the rise. And since oil prices have stabilized, the industry is likely to do fine in the third and fourth quarter when demand peaks.” Meanwhile, S&P’s downgrade of Greece’s credit rating to the lowest possible level did not negatively affect the local stock market. The Kospi rose by nearly 30 points on relief over China’s inflation data. “The local market was buoyed by relief over the index that had been giving fears the most to the market,” said SK Securities analyst Kim Young-jun. He added that S&P’s credit rating downgrade of Greece did not negatively affect the local market as much since, “Greece had already received non-investment grades by credit rating agencies before the most recent downgrade in its sovereign rating by S&P. So large institutional investors had not been able to invest in Greece anyway.”