Discovery’s Big Emerging Markets Bet

Tiger Cub Robert Citrone has positioned his macro fund away from China and toward several other major countries and markets.

Dhiraj Singh/Bloomberg

Dhiraj Singh/Bloomberg

Robert Citrone is bullish on emerging markets.

In a recent phone interview, the Tiger Cub who heads up Discovery Capital Management said that “[EM] is the cheapest it’s been in more than 20 years.” He stressed that as the U.S., Europe, and other major developed countries begin to reduce liquidity, they are creating a good opportunity for investing in many emerging markets.

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