"They've got to get bigger": GCC markets need better governance, more listings- Mobius | ZAWYA MENA Edition:
Renowned emerging markets fund manager Mark Mobius has said that the Gulf region needs both better governance and more sizeable initial public offerings (IPOs) if it is to attractive more investment flows from active money managers into regional markets.
Speaking to Zawya on the sidelines of the Alternative Investment Meeting Summit in Dubai on Monday, Mobius, who left his role as executive chairman of Franklin Templeton late last year to set up Mobius Capital Partners in January, said that for emerging market investors, "the GCC is small".
"They've got to get bigger," he said. "They've got to get more listings, and they've got to (make) big improvements in governance."
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