Which one of the following statements is NOT correct about different types of institutional investors? a) Pension funds are likely to have an allocation to participate in emerging market asset classes, though often have limited capacity and expertise. b) Insurance companies are likely to have an allocation to participate in emerging market asset classes and tend to have large investment teams with expertise in emerging market investment. c) Sovereign wealth funds have the most varied allocation and capacity to participate in emerging market asset classes, with great variance in allocations and capacity from fund to fund. d) Commercial banks and investment banks often have the largest allocation and the strongest capacity to participate in emerging market asset classes