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
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,
The new administration will make every effort to keep things on an even keel, business as usual. The Chinese are very happy to let Hong Kong hum along. As far as we are concerned, there is no reason to believe that because of change in the political administration there would be an impact on the financial market.
It's really a change in the macroeconomic environment.
It's in the lowest point that it will be,
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.
We're very bullish on emerging markets right now because of valuations, ... Valuations are so reasonable it makes sense to put money in.
We were excited about Hong Kong two years ago and we put a lot of money there. Now we're more cautious because we're finding better bargains elsewhere. Quite frankly, we're investing in China.
Both countries are equally attractive, it just really depends on which stocks you'd buy and what industry you're in.
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.
We feel Russia is at the start of a long development towards creating a more transparent functioning market economy.
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.
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,