Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:WSJ: Mobius Likes BRICs Not Rated 0.0 Email Routing List Email & Route  Print Print
Monday, October 2, 2006

WSJ: Mobius Likes BRICs

by: Sean Hanna, Editor in Chief

Countries with small market caps are not enough for Franklin Templeton's Mark Mobius, now he is looking for emerging companies in emerging markets. The Wall Street Journal focused on the BRIC fund the San Mateo, California-based fund firm rolled out in June as the subject of a friendly profile.

BRIC funds invest in the largest emerging markets Brazil, Russia, India and China. That is also where they get their name (of course).

According to the paper, Mobius started the fund in response to the large number of stocks he found in those markets' bargain bins. "There were so many companies we were overlooking that are cheap," he told the paper. Unfortunately for the funds he already managed, the majority of those stocks fall into the small cap catagory.

The fund was seeded with $10 million of assets and invested in about 50 stocks.  

Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2024: Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use