(Bloomberg) -- Today's world is defined by volatile developed economies and stabilizing emerging markets.

That's the observation of Sheila Patel, CEO of International Goldman Sachs Asset Management, who argues that investment strategies should be adjusted to accommodate this topsy-turvy reality.

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.