leadf
logo-loader
viewProactive Group

Veteran stock picker Mark Mobius mulling plan to launch emerging markets investment trust in London

Emerging and frontier markets have "changed dramatically" in the last 30 years, said the stocks guru

mark mobius
Man in the white suit: Mark Mobius one of the leading names in emerging markets investment

The veteran emerging markets fund manager, Mark Mobius, has confirmed he is ‘exploring’ plans to launch an investment trust in London.

Mobius Capital Partners, which he co-founded along with Carlos Hardenberg and Greg Konieczny in May, said the new trust would “provide access to the firm's highly specialised active ownership strategy”.

Frontier markets

That strategy would focus on small- and mid-cap companies in emerging and frontier markets, an area that has “changed dramatically over the last 30 years”.

“At Mobius Capital Partners we believe our approach to investment must also evolve to stay relevant,” stocks guru Mobius said.

“That is why we are adopting an innovative and specialised strategy built around actively partnering with our portfolio companies.

“The recent correction across emerging and frontier markets has presented the perfect conditions to be launching MMIT, with currencies at an all-time low and company valuations looking increasingly attractive."

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

FOR OUR FULL DISCLAIMER CLICK HERE

Purepoint Uranium Group sees great opportunity as they look to develop in...

Purepoint Uranium Group (CVE: PTU) President and CEO Chris Frostad joined Steve Darling from Proactive to shared details about the company that is focused on the exploration of its projects in the Canadian Athabasca Basin, the world’s richest uranium region. Frostad telling Proactive about...

11 hours, 58 minutes ago

2 min read