Koyal Group Appoints James Spencer as Chief Australian Strategist
Aug. 21, 2013 - TOKYO, Japan -- Koyal Group is pleased to announce the appointment of James Spencer as Chief Strategist for Australia in line with its continuing plan to strengthen its equities research by forecasting macroeconomic events. James Spencer will be based in Sydney and report to the Stephen Cole, Director of Private Equity and Koyal Group´s board of directors.
James Spencer brings over 19 years of macroeconomic experience to Koyal Group, joining from the Commonwealth Bank of Australia, where he began his career as an advisor on central bank policy. He later went on to hold various positions at the bank. A native Australian, James attended the University of Melbourne to obtain his undergraduate degree, a Bachelor of Commerce. He later went on to England to receive his MBA from the University of London Business School.
“Australia is a key market in the Asian region, and I believe that James will be an integral part of reshaping our strategy there. His experiences and broad network of connections will be invaluable to the continued growth of Koyal Group´s operations in Australia,” said Koyal Group CEO Edward Neilson commenting on the appointment, “The Royal Bank of Australia has implemented efforts to lower the value of their currency, by lowering interest rates and pledging to maintain low levels. The effect has not been what they desired. As economic growth in China slows it will also hamper the Australian economy. The normally strong Australian mining sector has also suffered as of late, and we must search for new sources of revenues in the country.”
Based in Tokyo, Japan, Koyal Group is a boutique equity research house and has its foundations set in personal client advisor relationships, and despite being one of the largest equity research houses in Asia we are proud to say we maintain strong interpersonal links between our clients and their allocated advisors. This along with our approach to financial analysis has meant Koyal Group has grown year after year since 2003.
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