Top U.K. Manager High on Emerging Markets

Robin Geffen, one of the U.K.’s most successful fund managers, says that the balance of power is shifting in the global economy, and that emerging market nations offer opportunities for big investment returns in a post-financial-crisis world. Geffen, fund manager and managing director of Neptune Investment Management, says that in the decade leading up to the recent crisis, the U.S. consumer was the strongest source of demand in the global economy. “[But] the global economic… Read More

Mobius: Emerging Markets Due for Pullback, and then Big Surge

Templeton Asset Management Executive Chairman Mark Mobius says that emerging market stocks are due for a significant correction in the short term, but will likely soar to new highs by the end of next year. Mobius told Dow Jones Newswires that with companies’ earnings remaining weak, the recent rise in stock prices means “valuations are now relatively lofty”, and price/earnings ratios at 20 to 30 and a tenuous economic recovery will lead to investors taking… Read More