They are pretty protected even if the West has a veryweak economic prospect for this year, James Antos, a HongKong-based analyst at Mizuho Securities Asia Ltd., said bytelephone today. Their business is really emerging-marketsoriented: Africa, the Middle East and Asia primarily.
Theyre behaving almost like a hedge fund, which is surprising because theyve always talked about being a long-term investor, said James Antos, a banking analyst at Mizuho Securities in Hong Kong.