Some asset managers bill themselves as “emerging market specialists”, but a manager who knows a lot about one country may not have much expertise in another.
Karine Hirn, co-founder of one such emerging market specialist, East Capital, has been finding out the hard way how transferable her emerging market knowledge is.
“I’ll be very frank with you. When I came to China, that’s when I realised how much I knew about Russia. Because I realised how little I knew about China,” Ms Hirn says.
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