I see what you are saying. Just to clear one as prof the...

I see what you are saying. Just to clear one as prof the argument you have mentioned about performance over 3 ,5 and 10 year period, you are falling into same trap like few others here. Fund managers will understand that it was just one year and one incident which distorted those numbers. As for retail investors, I think they see only few months reporting. As soon as they see MFG annual numbers are great , which will happen in March 2022, they will want to switch back.
In addition I can add this comment. All over the world interest rates are going up and past economical disruption in 1987,91,99,2007 to 2009 will expose all these emerging markets much more than USA. When the traditional economy is disrupted due to high interest rates, it is all these countries in construction related economics which suffer more than anyone.