![Video: Big Risks in Emerging Markets](https://www.benefitscanada.com/wp-content/uploads/sites/7/2011/04/Dev-Kar.jpg)
Kar points out even the largest emerging markets like China and India have some major governance issues which investors seeking long-term opportunties need understand and be aware of. “Illicit flows are also a problem,” he says noting that this is a sign of larger problems in these countries. “You can’t just look at the growth, you need to look at other factors especially for the long-term,” he said. Click on the image to watch the entire interview. And click here for more comments from Kar.