If you want to invest in emerging markets, invest in a good manager. Although emerging market funds are expensive, the disparity between returns at the top and bottom of emerging markets funds makes the expense worthwhile.
More Quotes from Bridget Hughes:
If a fund's performance is mediocre, or the fund is having other troubles, average to above-average expenses don't help.Bridget Hughes
Federated had two good years in 1998 and 1999, but before that its performance was middling at best, and in the past few years, it's been doing pretty badly. With the exception of two good years, Old Westbury International has been in the bottom third of its category.
Bridget Hughes
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Based on Topics: Investment QuotesBoys are beyond the range of anybody's sure understanding, at least when they are between the ages of 18 months and 90 years.
James Thurber
Some people will believe anything if you whisper it to them.
Miguel de Unamuno