Blackrock’s Dennis Stattman, whose Global Allocation Institutional fund has been one of the better performing funds in its class over the past five and ten years, says he’s keying on companies that are based in developed markets but have exposure to the strong growth in emerging markets. Stattman also tells Bloomberg that he takes a longer-term approach to investing and doesn’t try to time the market in the short term. He says he doesn’t think investors should be focusing too much on any one country or any one currency, and adds that he’s overweight energy stocks and has begun “nibbling” at U.S. bank stocks.

[youtube=http://www.youtube.com/watch?v=hnDY41xpxzY]