Mark Mobius
Mark Mobius
Joseph Mark Mobiusis an emerging markets fund manager at Franklin Templeton Investments. Mark Mobius, Ph.D., executive chairman of Templeton Emerging Markets Group, joined Templeton in 1987. Currently, he directs the Templeton research team based in 18 global emerging markets offices and manages emerging markets portfolios. In 2015, after leading the company for a quarter of a century, Mark Mobius decided to step down as the lead manager of the Templeton Emerging Markets Investment Trustand handed over control of the fund...
NationalityAmerican
ProfessionBusinessman
Date of Birth17 August 1936
CountryUnited States of America
It's really a change in the macroeconomic environment.
The mere fact that me, an emerging markets person, says something about Internet and the market reacts the way it has is and indication that people are very jittery.
Their foreign reserves are down. Usually when governments claim they will not devalue, just the opposite occurs (and) if the ruble is devalued then there will be political fallout, so I think they must protect the ruble at all costs.
Their foreign reserves are down, ... Usually when governments claim they will not devalue, just the opposite occurs (and) if the ruble is devalued then there will be political fallout, so I think they must protect the ruble at all costs.
I'm more bullish about emerging markets because we know the emerging markets are growing at double the rate of the developing nations. This is reflective in the stock market eventually,
It's in the lowest point that it will be,
Commodity prices are being supported by healthy demand from countries such as China and India, but one must remember that it remains a cycle. Currently it looks like the cycle remains in the 'stronger for longer' position and South African companies are taking advantage of this.
It's, of course, not a good time to sell, but I also warn (investors) that it is now selling at a big premium to its net asset value, ... So, it's six of one and half a dozen of another -- very difficult to say.
The worst risk would be the politicization of the citizens in Hong Kong, where they become active politically and begin to demonstrate and oppose policies on the mainland,
The Y2K problem frankly is going to be seen in the developed countries. The emerging markets are going to be in much better shape than the U.S., Japan or the European countries.
It's quite difficult to ascertain the real hits on earnings, as a lot will depend on how fast the government is to implement the new price mechanism, and how high oil prices will go from here.
There's no reason to sell, because earnings growth is keeping pace with share prices. We're in an amazing period of history for many of these markets.
Some people mistake his reticence to mean a lack of dynamism. He's been quiet because the spotlight has not been on him. I think Victor Li will surprise a lot of people with his ability.
Some people mistake his reticence to mean a lack of dynamism, ... He's been quiet because the spotlight has not been on him. I think Victor Li will surprise a lot of people with his ability.