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CLOSE TO 60 STATION, SHOPS SCHOOLS BOATING ENTHUSIASTS, WANTED! $227,500 $278,500 COUNTRY gzmm , TREES GALORE EXQUISIT% I.llellle NEAR LAKE 1131 Nottinghill Gate, Oakville Sales Representative Exec. living in Glen Abbey, backing onto Golf Course. 4 bedrooms, spaâ€" cious principal rooms, vaulted ceilâ€" ings in family room, fin. rec. room with FP. A terrific family home. RUTH ANNE WINTER, Assoc. Broker By DIANE HART Special to the Beaver Buy Asian. That stock market advice comes from one of the keenest eyes in the money markets, according to the Wall Street Journal â€" Mark Holowesko, a 33â€"yearâ€"old stock picker and research analyst â€" who directly manages $17â€"billion (U.S.) as the president and director of Global Equity Research for Templeton Worldwide. He noted that in 1970, 35% of the population in the Philippines were considered at the poverty level. In 1990, just 21% of the population were listed. As well, in Indonesia, 60% of the population were considered at the poverty level; in 1990, that number decreased to just 15%. At a crowded, standing room only investment gathering in Oakville on Tuesday, sponsored by Midland Walwyn, Holowesko claimed the Asian market, particularly China, is an emerging opportunity for investment. He rattled off statistics pointing to the enormous potential he views in Asia, such as the fact that China was 10th in the world in terms of purchasing power parity. "Today, it is second or third," he said. In Beijing, said Holowesko, one company establishes itself every 11 minutes. The standard of living is increasing in areas such as the Philippines and Indonesia, making it more attractive for investment as well. "So you can see that has tremendous impact from an investment standpoint," he said, adding that this area of the world has a rapidly growing population with an increasing standard of living which means more money spent on infrastructure. Holowesko said in just five years, between 1992 and 1997, more than $619â€"billion was spent on infrastructure projects in just a handful of countries. Templeton stock picker high on Asian investment Holowesko said he expects to see a huse demand for commodities in the future Terrific location, steps from the heart of Downtown Oakville. Unique charming 4â€"bedâ€" room home overâ€" looking a park. Excellent main floor living space.nicely decorated, hardâ€" wood floors. as these countries experience a huge shift in their own economies. He said there will be enormous demands for electricity and water in countries like China and more consumption as a result of the developing markets. "Water consumption, for instance, will be very important," he added. While people in the U.S. consume 2,500 cubic metres of water annually, those in France log in at 620, and those in the developing countries use just 10 to 20 cubic metres per year. "The next war in the Middle East might be over water," he predicted, noting that At the same time the firm was placed in receivership, it was petitioned into bankruptcy by the Royal Bank of Canada. Trustees are Doane Raymond Ltd. Despite the fact that parent company, Standard Optical, has been placed in receivership, it‘s business as usual at the local Braddock Optical outlet at 209 Church Street. In addition to Braddock Optical, Standard Optical also operates under the retail names of Optical Factory and Shorneys Optical. The local store is 1 of 129 companyâ€"owned units, 19 others are franchised. Optical company placed in bankruptcy MARK HOLOWESKO RUTH ANNE WINTER, Assoc. Broker FRIDAY, JULY 22, 1994 PAGE 21 (See ‘North‘ page 23) UIVIRVIAUTIU FEANCORP 67 LAKESHORE RD. wW.