FTAdviser.com - Unrest unlikely to hit Saudi Arabia: Mobius

The £16.3bn manager said he was still looking “cautiously” for opportunities in oversold companies in the region.

Mr Mobius said: “It is very unlikely that a Libyan-style uprising would take place in Saudi Arabia.

“However, I do see a high likelihood for smaller protests, as well as an increased level of negative news streaming out of Saudi Arabia and the greater Mena region over the coming weeks and months.”