Epstein Secrets

value Almarai on 21x 2017E EPS, a 15% premium to Global (blue chip) food producer averages. We believe th

nstituent of @ CHINA mw KOREA = TAIWAN @ INDIA m SOUTH AFRICA @ BRAZIL SAUD: @ MEXICO m RUSSIA = MALAYSIA (EM) m= INDONESIA ~ THAILAND m@ PHILIPPINES TURKEY © CHILE = POLAND & QATAR m UAE @ COLOMBIA = PERU m GREECE m HUNGARY EGYPT m@ CZECH REPUBLIC Source: BofA Merrill Lynch Global Resear

he ultra-wealthy that will be acquired by Viking Global after the deal is completed early next year, the

end towards investor stewardship and active ownership echoes the progress already made in other Asian markets such as Japan, Hong Kong, Malaysia, the Philippines, Singapore, and Thailand. With the adoption of a Stewardship Code, our expectations are that shareholders in Korean equities, and especially in chaeb

ws of ISG, is not research and is nota product of Global nvestment Research or Goldman Sachs Asset Manageme

ae} f= i} chile (1.2%) & I EM Russia (4.5%) Taiwan (12.2%) Korea (14.4%) Turkey (1.0%) Malaysia (2.5%) Thailand (2.3%} China (26.5%) Mexico (3.5%) Philippines (1.2%) Poland (1.1%) Indonesia (2.6%) India (8.3%) Brazil (7.7%) South Africa (7.1%) Data as of December 31, 2016. Note: Based on monthly data sin