Mark Mobius sees emerging market correction as a buying opportunity « ArabianMoney

Executive chairman of Templeton Asset Management Dr Mark Mobius was in Dubai this week for the Hedge Funds World conference and said he saw any setback in the emerging markets as a buying opportunity.


‘We have seen three bear markets – and I define that as a 30 and not 20 per cent correction – in emerging markets in 1997/8, 2001/2 and 2008/9.’ he said. ‘All were very short-lived.'

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