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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

Wealth Management 22 subsidiaries offered through Deutsche Bank constraints. The of emerging market investments may EFTA01478058 Biographies Larry Adam Chief Investment Officer and Chief Investment Strategist Deutsche Bank Wealth Management—Americas Larry Adam is a Managing Director and serves the

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