The Rohatyn Group

“Every fund needs a manager. It's not a committee. You can have a committee, but there has to be one person who decides.”

“You can absolutely build something passive that will get you a higher sharp ratio than the underlying index. I have no doubt about that. And I have very little doubt about it, although we haven't done it specifically for the other asset classes. It may have a …”

“We've done a bunch of arranged marriages, and in those, my conclusion is, You have to have the structure to oversee them, and you have to be very unbending about who's in charge.”

“And Latin America is obviously important to this administration, so I think there will be a lot of strategic capital looking at Latin America right now, for which I think we are well positioned.”

“Everybody shares in the result, to a certain extent, no matter their contribution to the result. You want somebody who is a Latin American equity expert to feel good about saying I think Asia looks like a much better bet than my region.”

“The other way is to say, look, I have these investment capabilities. How can I create a solution for you out of those investment capabilities? In a way, that's what the large asset managers do. It's a supermarket. You want a diet version, you want a full calor…”

“Having everything under one roof is far superior if they are incented and cultured to work together. Because if you have A good FX person next to a good, even public market equity person. Both of those will generate better returns for sitting next to each othe…”

“If you had done that over the last 15 years, over roughly 20 countries, and you were right 60% of the time, in a fifteen-year bear market for emerging markets, you would have lost money in one year.”

“Global leadership in EM asset management is an empty space. There is nobody out there who can answer the question for allocators, big or small. How much should I invest in emerging markets? In what asset class? In what region? In what style? With whom? And whe…”