What's your assessment of the MA scene in Tokyo in recent months Has it become much quieter
Anderson In terms of announced deals it has been much less active than in previous years. And it has to be said that in the Japanese market there's a tendency to announce deals before there is really a sufficiently full agreement to guarantee completion.
So league tables of completed transactions are a much more useful way to look at Japanese MA
When you look at any market, if you really want to assess the activity, it makes more sense to look at completed transactions.
Why is MA less active this year in Japan
Let me...