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During the quarter, we held a special client event on Emerging Markets, where the guest of honour was Bill Sterling, the President and CEO of Trilogy Global Advisors (TGA). Bill discussed the emerging markets, made the case for investing in fast growing opportunities across the EM and described the process that TGA uses in building its portfolios. TGA is the sub-advisor to the MBI/Trilogy Emerging and Emerging Wealth Equity Funds that use an unconstrained approach to investing, allowing for better portfolio construction and true exposure to EM economic drivers.