Mr. Kelly held senior executive positions at both Charles Schwab & Co. and Merrill Lynch &
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FX & EM 2017 Year Ahead | 16 November 2016 Merrill Lynch
BofA Merrill Lynch estimates for white land and proceeds
BofA Merrill Lynch Global Research. Implied rate of return on SAMA reserve assets
BofA Merrill Lynch Global Research. Data as of 2015.
BofA Merrill Lynch Global Research. Propane
BofA Merrill Lynch Global Research. Data as of 2010.
BofA Merrill Lynch Global Research.*Market cap as % of MSCI EM represents and artificially constructed benchmark weight
BofA Merrill Lynch Global Research. US spot refers to natural gas prices of US$2.6/mn BTU. The US$2.5bn feedstock
BofA Merrill Lynch Global Research Source: SEC
FX & EM 2017 Year Ahead | 16 November 2016 Merrill Lynch
BofA Merrill Lynch Global Research Source: Eurostat
000 Source: BofA Merrill Lynch Global Research
due to adverse political, economic or other developments. These risks are magnified for investments made in emerging markets. Investments in a certain industry or sector may pose additional risk due to lack of diversification and sector concentration. There are special risks asso...
FX & EM 2017 Year Ahead | 16 November 2016 Merrill Lynch