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

Mobius Sees Opportunities in Middle East

While the turmoil in the Middle East has spooked many investors, Templeton Asset Management’s Mark Mobius sees it as a positive over the long haul. “My outlook is very positive because I see these political changes result in more open societies, more dialogue and therefore better environment for markets including stocks and bonds,” Mobius says, according to The Economic Times. “I am not saying the ride is going to be smooth and in many places… Read More

Mobius on How to Invest in China

Templeton Asset Management’s Mark Mobius says that he’s still high on Chinese stocks, but that — as in any market — good stock-picking and a disciplined approach are key to making money in that part of the world. “I have heard queries from baffled investors about past underperformance of the Chinese stock market despite the long-term positive outlook for China,” Mobius writes on his blog. “One key factor that I would like to stress is… Read More

Mobius Envisions the Next Decade

Templeton Asset Management’s Mark Mobius says he remains high on the “BRIC” countries — Brazil, Russia, India, and China — and says the Euro and Chinese Renminbi will likely play a greater role in world markets over the next decade. “I believe the Bric (Brazil, Russia, India and China) countries will continue to do quite well at different times,” Mobius writes in an op-ed piece for Dubai-based Gulf News. “Each of these countries has unique… Read More

Mobius: Emerging Markets Still Attractive; Looking Closely at Ukraine

Emerging markets guru Mark Mobius says that emerging markets remain attractive, though inflation and sovereign debt are  two factors that could impact global growth. “The rise in emerging market equity prices has been substantiated by a correspondingly large increase in the earnings growth of emerging market companies,” Mobius, executive chairman of Templeton Asset Management, said on his blog. (Thanks to Business Inside for highlighting his commentary.) “While there may be cases where stock prices have… Read More

Mobius: Global Secular Bull Underway, But Big Correction Possible Before Year-End

Templeton Asset Management’s Mark Mobius says he expects economic recovery to continue in the Western world, but that a big correction in equity markets is “quite possible” before the end of the year. Discussing the West, Mobius tells CNBC-TV18 that most of the bad news has already been factored into share prices, and that he expects growth to accelerate somewhat next year and in the following years. He also says he thinks global equities are… Read More

Mobius on Why Double-Dip Fears Are Good

Templeton Asset Management’s Mark Mobius says fears of a global double-dip recession are a positive thing for emerging markets, because it means central banks will continue to supply liquidity to the markets. Mobius also says he expects China to continue to post strong growth.

Mobius: China Won’t Face U.S.-Style Housing Crisis

Templeton Asset Management’s Mark Mobius says that China isn’t headed for a housing crisis like the U.S. experienced, and that it and other emerging markets are better positioned than many developed countries right now. In an interview with the Financial Times, Mobius says that China and other emerging market countries have much lower debt/GDP ratios than developed nations, and more foreign exchange reserves. He also talks about some of the more appealing smaller emerging markets… Read More

Mobius Seeing Opportunities in Wake of Euro Woes

Templeton Asset Management’s Mark Mobius says the fallout from Hungary’s recent debt concerns has created some interesting investment opportunities there. He also tells Bloomberg that he doesn’t think there will be a double-dip recession on a global level, though some individual countries will have problems. And he mentions several other European countries where he’s finding opportunities amid the turmoil. [youtube=]

Biggs, Mobius Sounding Bullish

Hedge fund guru Barton Biggs says he thinks the market is ready to “pop”, and that the upturn will come very soon. “I think [stocks] are going to stabilize in this general area, and then we’re going to have a significant move to the upside,” Biggs tells Bloomberg. “The market is very, very oversold, and I think we’re going to have a big pop to the upside some time in the next couple of days.… Read More