DM Monthly Report – September 2018

EMERGING MARKETS:  worth the bother?  Occasionally, we’re asked why the equity portfolios we build for clients don’t include allocations to emerging markets (EM). To put it plainly, we’ve never felt that the potential reward of investing in these regions compensates for accompanying drawbacks. Some of our reservations with respect to EM investing include: Legal framework, Accounting practices, Forex, Cost…..

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