Monoline mid-sized emerging market managers will inevitably go out of business
Nick Rohatyn · Nick Rohatyn – Emerging Markets Multi-Asset Investing at TRG (EP.482) · Jan 22, 2026 · at 57:48
Nick Rohatyn, founder and CEO of The Rohatyn Group (TRG), explains why diversification across asset classes and regions is essential for emerging market asset managers.
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“If you are a monoline Mid-sized emerging market manager, public or private. It is not a question of, are you going out of business? It's a question of, when are you going out of business? Because of the question you asked, the cycles. Unpredictable and violent. If you tie yourself to one thing, I'm an equity guy, I'm a LATAM guy, I'm a this person, I'm a that person, and you only get to the scale that that thing allows you to get to because it's a niche market after all. You're going out of business.”
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