Mark Mobius on Where to Invest in Emerging Markets

By on April 21, 2015

Mark Mobius - Franklin TempletonMark Mobius, Ph.D., executive chairman of Templeton Emerging Markets Group and long-time expert on overseas investing provided his outlook for the asset class on CNBC yesterday.

Mobius advised rotating out of the U.S. markets into better-performing emerging markets, warning that corporate earnings in the world’s number one economy were poised to disappoint.

Within the Asian emerging markets sphere, China is “number one”, says Mobius. “China is number one because of the variety and choices we have particularly now with the connect program,” he said, referring to the Shanghai-Hong Kong connect scheme.

The scheme, launched late last year, allows Hong Kong and mainland investors to invest in each others markets up to a daily quota.

Although the market has had a strong move, Mobius says any corrections in the China market should be seen as a buying opportunity, adding that the bull market is not ending any time soon.

Mobius is also bullish on Indonesia, Thailand, Taiwan, and Malaysia and says the region is well-placed to weather any volatility stemming from the U.S. Federal Reserve’s impending rate hikes.

In the final video below, Mobius says Greece’s exit from the EU would be the beginning of the end for the union of European nations.

One Comment

  1. Rebel Yekk

    September 29, 2015 at 2:33 pm

    Does he still consider China a buy now? It had more than a correction

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