That logic doesn't really work tho. Liquid lost to LOUD who ended up placing #2 and to Zeta who ended up placing #3. And you could even argue Liquid weren't even 4th best considering that M3C looked way better than them. They also changed every comp and even IGL (if I'm not wrong) going into this tournament, so they did better than expected. And G2 did classic G2s. Underperformed just like The Guard.
And yeah FPX did win EMEA confidently, full Fnatic would have been performing way better as well. What I mean is that EMEA has easily the most amount of competitive teams. And more competitive region the faster it will improve. While some smaller regions may not improve fast enough after M1 like we saw with KRU kinda. That's why I have no doubt that EMEA will perform way better next Masters especially when there was big meta change as well before M1. Team like G2 were clearly lacking ability to counter it.