DAVID RIEDEL is founder and President of Riedel Research Group, which provides

independent equity research focusing on emerging markets Asia, Latin America, and Europe.

Prior to founding this firm, Riedel worked as an analyst at Salomon Smith Barney in New York

 and Bangkok. While overseas, supervised a twelve-person research team covering

telecommunications companies and other industries in Southeast Asia. While in New York, he

 covered business services stocks, including staffing and outsourcing, as well as small-cap

growth companies in the automobile and motorsports industries. Mr. Riedel is also the author of

"Finding the Hot Spots: 10 Strategies for Global Investing" (Wiley, 2006).

Emerging Markets Drive Global Growth and Investment Opportunity

• Demographics + Established Business Models = High Growth
• Emerging economies will outperform as developed markets deal with de-leveraging
• Rising consumer spending in emerging countries changes the dynamics of those economies
• Emerging markets are becoming increasingly important markets for developed market companies.
• As consumer spending patterns change from basic necessities to household goods including leisure, recreation, and education there is a tremendous opportunity for developed market companies.
• Opportunities in US-listed names including China Mobile, Tata Motors, Brazilian Banks, Eastern European Consumer Plays and others.