Epstein Secrets

477940 Discretionary Portfolio Management At a glance Assets entrusted to us AuM € billion Global Regions 20 Americas 17 EM EA Frankfurt Zurich, Geneva Luxembourg Boston Chicago San Francisco Los Angeles Baltimore London Madrid New York Hong Kong Singapore Retail 2% UHNWI 72%

g Finance LP, Deutsche Bank Wealth Management. 20 Jan-15 Jan-16 EFTA01477978 bbls/day. However, supply is still too high and will According to the Department of Energy total oil production has fallen by nearly 600 million g Y, PP need to come down before a more meaningful rebound in oil prices is seen. The big

478010 Discretionary Portfolio Management At a glance Assets entrusted to us AuM € billion Global Regions 20 Americas 17 EM EA Frankfurt Zurich, Geneva Luxembourg Boston Chicago San Francisco Los Angeles Baltimore London Madrid New York Hong Kong Singapore Retail 2% UHNWI 72%

g Finance LP, Deutsche Bank Wealth Management. 20 Jan-15 Jan-16 EFTA01478048 bbls/day. However, supply is still too high and will According to the Department of Energy total oil production has fallen by nearly 600 million g Y, PP need to come down before a more meaningful rebound in oil prices is seen. The big

(Right) -1.0 6 Jan-13 Jul-13 Jan-14 0 Jul-14— Jan-18 = Jul-1 = Jan-16— Jul-16 Data through November 30, 2016. Source: Investment Strategy Group, US Department of Energy. Exhibit 95: OPEC Crude Oil Production OPEC producers have exceeded their quota 90% of the time since 2000. Million Barrels/Day 36 OPEC Production

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