MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Thursday, January 2, 2014 Mobius Loves the World Get a passport. See the world. Invest in it. That's one of the messages that Mark Mobius, chairman of Franklin Templeton Emerging Markets Group imparted to Dimitra Defotis of Barron's. Defotis interviewed Mobius, whose team manages $50 billion in AUM in equity funds that hold assets in 60 developing countries, by phone as he was traveling to Thailand. During the interview, Mobius expressed a solid optimism in emerging markets, which he said are still growing faster than developed countries and will continue to generate opportunities thanks to the emergence of the global consumer. He likes China and frontier markets like Nigeria, Kenya, Ghana, Vietnam, Romania, Ukraine and Peru and told Defotis that investors don't fully understand the Middle East. He also declared that there are still bargains to be found. Read more about Mobius' view of the world in Franklin Templeton Emerging Markets Group imparted to Dimitra Defotis of Barron's. Printed from: MFWire.com/story.asp?s=47224 Copyright 2014, InvestmentWires, Inc. All Rights Reserved |