Epstein Secrets

From: Stephen Hanson To: "Jeffrey E." <[email protected]>

cyclical rotation has only just begun. Our analysis of 4000 large long-only funds managing $12tn shows that funds have removed their underweight in Emerging Markets and are now neutral relative to benchmark, in aggregate, for the first time in recent years. History suggests that when the Global Wave (our monito

ef Executive Anglo American Plc United Kingdom Stephen A. Carter Chief Marketing, Strategy and Alcatel

Daily Newspaper Israel Bassem I. Awadallah Chief Executive Officer Tomoh Advisory Jordan Orlando Ayala Corporate Vice-President, Chairman of Emerging Markets and Chief Microsoft Corporation USA Adviser to the Chief Operating Officer Jose Sergio Gabrielli de President and Chief Executive Officer Petro

ef Executive Anglo American Plc United Kingdom Stephen A. Carter Chief Marketing, Strategy and Alcatel

Daily Newspaper Israel Bassem I. Awadallah Chief Executive Officer Tomoh Advisory Jordan Orlando Ayala Corporate Vice-President, Chairman of Emerging Markets and Chief Microsoft Corporation USA Adviser to the Chief Operating Officer Jose Sergio Gabrielli de President and Chief Executive Officer Petro