Why does this investment guru say emerging markets are worth the risk?
As executive chairman of Templeton Emerging Markets Group, Mark Mobius has connected the dots allowing international investment in foreign markets.
Mark Mobius– “More recently, as investors move away from emerging markets, Mobius remains confident in the long-term value of emerging market investing. In a Jan. 30 blog post he explained, saying:
“The bottom line for emerging markets, as I see it, is that the long-term investment case hasn’t dramatically changed. And I don’t see it changing as long as these three themes remain in place: emerging markets’ economic growth rates in general continue to be at least three times faster than those of developed markets; emerging markets have much greater foreign reserves than developed markets; and the debt-to-GDP ratios of emerging market countries generally remain much lower than those of developed markets.”
See on www.smartplanet.com
You must log in to post a comment.