What Are You Advising Clients About China in Their Portfolios?

Charmine: How should we look at china, given it is such a large economy and top of mind in so many ways? Allison: We have generally had a somewhat negative view of emerging markets in general, and that includes china. Last year, us ecutes up 29%, China down 21%. That is a 50 per centage point gap. Even though they've grown very fast, they haven't produced great equity returns.