A Goldman executive said the incident has led to Goldman being more aware of environmental, social and governance policies in its investment outlook.
The 79-year-old investor is bullish on EM stocks and thinks they will exceed 4.5% real returns.
The fund has joined Jeffrey Gundlach and Goldman Sachs in predicting the sector will see a pullback.
Byron Wien notes they faster earnings growth and lower P-E ratios than their more industrialized peers.
Jeff Gundlach says the current emerging-market price point is "pretty bad."
The market guru put developing nations in Africa, Asia and Eastern Europe on the radar of global investors.
Leveraged funds focused on developing nations returned 14 percent in the first seven months of 2017.
Emerging-market investors are again piling into the Brazil, Russia, India and China,
Assets from higher-risk developing nations are gaining in popularity.
Stock buyers can do quite well for years after a populist comes to office, data shows.
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