Mark Mobius, an experienced investor in developing countries, said it was time to buy their assets now. He supports India, Brazil and Turkey.

“We’re particularly interested in India at this stage,” Mobius said.

“I just came back from a two-week trip to India and I was just amazed at the changes taking place.” Mobius cited “terrific recovery” by specifying, all assets of investors – stocks, currencies and bonds – then suffered a year of loss due to concerns over tighter monetary policy in the US – China trade war and the Federal Reserve in 2018 as the reason for their purchase.

“It’s quite incredible, and of course you’re looking at 7 per cent growth for a country that size, it’s very impressive,” he told David Ingles and Rishaad Salamat, referring to India.

Mobius, who founded Mobius Capital Partners LLP in Franklin Templeton Investments last year, said that he had put his money in: 30 percent in India, 30 percent in Latin America, and 30 percent in the East including Brazil and Argentina in Poland, Romania. the rest of Europe, China and other Asian regions.

He said valuations of emerging markets are much lower than those of very attractive and developed countries.

There will not be a huge decline in trade issues and other countries will be removed from China.

Source: Business Time

Melike Vodina /