Epstein Secrets

han EM. • Are depressed valuations a good reason to buy EM equities? We do not think so, either. It is true that the PE gap between MSCI World and MSCI EM indices has been widening for two years now to well above historical averages, 3.8 pts currently vs. a historical average of 2.7. This 3.8pt gap is

188076.pdf Inline-Images: imagel.gif Jeffrey I think we should add another 2mm to that European equity basket. We went further ovenveight Europe. Paul Barrett I Managing Director I Global Investment • • up I J.P. Morgan Private Bank I 320 Park Avenue, 14th Floor, New York, NY 10022 I T: I F: (212) 310 0

i (16%) and Qatar (19%) which were =ncluded in the indices in 2014. 2. Currently there is $350b1n of passive and $1.3Trn of a=tive money following MSCI EM Index products. Bank of America estimates the=inclusion would ultimately result in —$20bIn of inflows going into 32 securities with a combined curr

From: Paul Barrett Sent: Monday, July 23, 2018 3:45 AM To: Jeffrey E. Cc: Richard Kahn Subject: Saudi Jeffrey Do you have any strong opinions on the Saudi sto

an EM. * Are depressed valuations a good reason =o buy EM equities? We do not think so, either. It is true that the PE gap between=MSCI World and MSCI EM indices has been widening for two years now to well=above historical averages, 3.8 pts currently vs. a historical average of 2=7. This 3.8pt gap is

at 5:37 AM, Barrett, Paul S > wrote: Jeffrey I think we should add another 2mm to that European equity basket. We went f=rther overweight Europe. Paul Barrett I Managing Director I Global Investment Opportunities Group I =.P. Morgan Private Bank I Original Message From: Perlman, Daniel A Sent: Friday,

.5bn into their equity market * We estimate Sabic=to get $727M, Al Rajhi $504M, National Commercial Bank $385M (see table in=the attached pdf) • MSCI EM decision announced in June 2018 • If t=ey get in -> $39bn inflows and the actual inclusion would happen in Jun= 2019 • These flows are already ha

From: jeffrey E. <[email protected]> Sent: Monday, April 9, 2018 6:34 PM To: Paul Barrett Subject: Re: FW: Why you should invest in Saudi Arabia no On Mon, Apr 9, 2018 at 2:04 PM, Paul Barrett wrote: Hi Jeffrey Any thoughts on the S