Tuesday 25 August 2015

Emerging markets veteran Mark Mobius stays upbeat on long-term outlook amid sell-off | The National

Emerging markets veteran Mark Mobius stays upbeat on long-term outlook amid sell-off | The National:



"Mark Mobius, the fund manager who popularised investment in emerging markets, is far from throwing in the towel, even as the asset class he made his name in is heading towards its biggest annual decline since the global financial crisis of 2008.



“The long-term outlook is very good for two important reasons,” he said.



“First, at the present time many investors are underweight in emerging markets. Secondly, emerging markets continue to experience more than double the growth of developed markets.”"



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