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11 Footnotes: Data as of December 2015. Source: Bloomberg Finance LP, Deutsche Bank Wealth Management. Aug
nsparency constraints. The high volatility and speculative nature of emerging market investments may result in both significant losses or profits. Foreign Exchange/Currency - Such transactions involve multiple risks, including currency risk and settlement risk. Economic or financial instability, lack of timely or relia
Footnotes: Data is as of March 18, 2016. Source: Bloomberg Finance LP, Deutsche Bank Wealth Management. 20
and speculative nature of emerging market investments may at risk for , as wel as convertibility, result in both significant losses or profits. Foreign Exchange/Currency - Such transactions involve multiple risks, including currency risk and settlement risk. Economic or financial instability, lack of timely or relia
Footnotes: Data is as of March 18, 2016. Source: Bloomberg Finance LP, Deutsche Bank Wealth Management. 20
and speculative nature of emerging market investments may at risk for , as wel as convertibility, result in both significant losses or profits. Foreign Exchange/Currency - Such transactions involve multiple risks, including currency risk and settlement risk. Economic or financial instability, lack of timely or relia
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United States
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Julie K. Brown
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Paul Morris
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New York
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Michael Bloomberg
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Deutsche Bank
ORGANIZATIONBloomberg Finance LP
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The Wall Street Journal
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Moody's
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