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Investors have streamed into Russia's stock and bond markets before, with disastrous results.
Strikingly, the Fed statement on January 30th mentioned "stress" in financial markets before discussing the economy.
It needs to lock in European markets before it is too late.
Investors who haven't invested in emerging markets before should consider a broader offering, he said.
"I've worked in these markets before where I've had no money and I'm OK with it.
Opening the markets before the investment houses are ready could precipitate a new crisis.
1.24pm BST Market update A quick look at the markets before the ECB press conference begins.
Test new markets before launch: I know we're all supposed to hate Amazon.
Facebook has made moves to grow its mobile audience in developing markets before.
Most people who caught H7N9 visited live poultry markets before they fell ill.
Then, too, the corporate goal was to get big fast, to seize new markets before anyone else.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com