Fidelity Investments Japan's new president is very optimistic that market will surpass the United Kingdom to become Fidelity's No. 1 overseas market by 2010.

Thomas Balk told Dow Jones he hopes the triple assets from three trillion yen to 10 trillion yen by 2010. He points to the renewed strength of the Tokyo stock market, the low saturation of asset management products in Japan and the nation's growing need for retirement solutions.

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