Why Your Emerging Markets ETF Isn't Actually Diversifying You | Young Jae Lee, Pictet

Young Jae Lee is a Senior Investment Manager at Pictet Asset Management — a Geneva-based firm founded in 1805, still owned by its managing partners 220 years later, and one of the largest asset managers in Europe. Young Jae joined Pictet in 2010, spent his first seven years covering emerging market technology as an analyst, and now runs the strategy behind RISE — the Pictet Emerging Markets Rising Economy ETF. In this episode, Young Jae walks through a fundamental problem with how US investor...