developed markets

“Nine U.S. Equity in the developed markets were 50% indexed, and emerging markets were a hundred percent active.”

“Emerging markets, as I said, it's way over half of the global GDP. It is growing far faster, and because of the size of China, it's guaranteed to do that. It's going to have a much better growth rate this year under stress, much better than the GDP growth of t…”

“In the end, if you look at the large firms that we're now talking about, and I'll use the four big ones, Blackstone, Carlyle, KKR, and Apollo. They make 95% of their money in the developed markets. I'm counting China and India, I suppose, is developed for this…”

“Both on a 10 and a 15 year basis, our emerging market public equity has outperformed our developed market.”

“There are plenty of those where you've seen a significant transition to policy setups that are very similar to developed markets, and that is not something that reaches a lot of headlines, but it is something that has been happening in the past 20 years, I wou…”

“Markets have indeed changed, and all of those risks that I mentioned now describe any country in the world, not just emerging markets and developed markets are somehow the bastions of the opposite of all of those things.”