Mobius: A Lot to Like in Brazil

Templeton Asset Management’s Mark Mobius is bullish on Brazil, saying a number of factors are making the Latin American giant an attractive spot for investors to look. “The country’s motto ‘Ordem e Progresso’ (Order and Progress) is finally being realized after an economic history that hasn’t always been very orderly,” Mobius writes on his company blog (tip of the cap to MoneyShow.com for highlighting the piece). “Inflation, with percentages running into the thousands in the… Read More

Mobius Sees Euro Crisis Ending Mid-2012

Templeton Asset Management’s Mark Mobius says the European debt crisis isn’t as bad as many believe, and he expects it to be resolved in mid-2012. “The European crisis isn’t as deep and terrible as people think,” Mobius told the Brazilian newspaper Valor Economico, according to CNBC.com. “Nations there are in a process of negotiations and that takes time.” Mobius added that the size of derivatives contracts tied to European government debt is a real risk… Read More

Mobius Still Likes Brazil

Templeton Asset Management’s Mark Mobius says Brazil is continuing its solid recovery from the global recession, and remains an attractive place to invest. In a piece written for the U.K.’s Citywire, Mobius detailed a recent trip to Brazil during which he examined several businesses. “These visits and others we recently made in Brazil indicate a favourable business environment with continued growth,” Mobius writes. “Our focus on commodity and consumer oriented stocks is still viable and… Read More