Maria Bartiromo's Investor Agenda
MARIA BARTIROMO'S WALL STREET NEWSLETTER
MOST SHARED
- Amid Efforts to Rescue Greece, a Lack of Trust From Allies
- Greek Debt Saga Back on Center Stage for Markets
- Obama Budget Bets Other Concerns Will Trump the Deficit
- For China's Xi, Near-Summit Treatment and 'Iowa Nice'
- Obama Likely to Call for Cutting Top Corporate Tax Rate
- Greece Warns Bailout Rebels of Unknown, Dangerous Path
- When Love and the Fed Collide
- Mario Monti on Italy's Economic Future
- In Search of America's ‘Hottest Forecasters’
- Dow vs. S&P 500: Which is a Better Investment?
- Mick Fleetwood on the MP3 ‘Dumbing Down’ of Music
- Avis on the Road to Strong Growth: Analyst
- Private Homebuilders: Dead Men Walking
- LinkedIn’s Growth Is Already Priced In: Analyst
- The Real Reason Behind Bank of America’s Rally
- 5 Hedge Funds’ Top Stocks Soar After 2011 Rout
- This Valentine’s Day Love Is Served on a Silver Platter
- Maine Caucuses a Chance to Right the Romney Ship
- Greek Debt Saga Back on Center Stage for Markets
- Greece Now Struggles to Overcome Mistrust
- Obama Budget Bets Other Concerns Will Trump the Deficit
- China President-in-Waiting to Sample Slices of America
- MF Global Trustee Sees Shortfall of $1.6 Billion
- Iran to Announce 'Very Important' Nuclear Progress
- Traveling Light in a Time of Digital Thievery
- UK Police Arrest Five at Murdoch's Sun Newspaper
RSS FEED
Mobius: Emerging Opportunities
Text Size 
CNBC Senior Producer
Mark Mobius, Executive Chairman of Templeton Asset Management is a veteran in emerging markets investing. Overseeing more than $30B in emerging market assets, Mobius remains optimistic on the outlook for emerging markets.
Mobius has been traveling in North Africa and the Arab region, and joined Maria Bartiromo for an interview from Dubai. In the aftermath of the Dubai World debt fallout, he said that "things are going pretty well here" and that he has and will continue to be putting new money to work in Dubai. In the long term, Mobius expects "to have a very good holding" in the emirate.
Overall, 2009 has shaped up to be a great year for emerging markets, with the MSCI Emerging Market Index advancing more than 70% year to date. In addition, the latest data from EPFR Global showed flows into Emerging Market Equity Funds surpassing the $75B mark in mid-December. The previous record was $54B set in 2007! Looking ahead to 2010, Mobius expects this bullish trend to continue well into next year.
Across the globe, Mobius remains most bullish on China and India, adding that "the growth rates are very high, inflation is low and money supply, globally is still very high". But he is also excited by some of the opportunities he's seeing in Northern Africa, along the Mediterranean and in the Arab region.
Mobius is also focusing on investing's next frontier, dubbing countries like Kazakhstan, Sri Lanka and Nigeria, as "tomorrow's emerging markets". He says valuations in frontier markets are attractive. Nigeria and Vietnam currently top the weightings in Templeton's Frontier Markets Fund.
Breaking it down into themes, Mobius is emphasizing commodities and consumers. He believes that "commodities will continue to trend upwards as the demand and supply situation is such that we'll see higher prices". Also with per capita incomes increasing at such a rapid rate, Mobius "sees lots of opportunities in the consumer area".
Liza Tan contributed to this article
_____________________________
_____________________________
Questions? Comments? Write to
Data is a real-time snapshot *Data is delayed at least 15 minutes
