Martinson

Asia Summit 2015 - Global Capital Markets: Taking Stock of Recent Developments

Martinson, David Bonderman, Josh Harris, Michael Kim, Mike Milken

At the concluding panel of the Milken Institute Asia Summit 2015, David Bonderman, Josh Harris, Michael Milken, and Michael Kim discussed the global implications of China's market volatility and its structural transition from an export-driven to a consumer-led economy. The panelists, representing approximately $475 billion in assets, warned of tail risks associated with China's potential hard landing while identifying significant investment opportunities in Asia's aging demographics, healthcare sector, and financial technology gaps. Their consensus forecasted a prolonged low-interest-rate environment and emphasized that successful capital allocation requires deep localization and navigating the region's unique cultural and transparency challenges.