Ignore emerging market fears, says Mobius

Mark Mobius, executive chairman of Franklin Templeton’s emerging markets group, discusses the recent selloff, Chinese debt and his favourite themes.

Ignore emerging market fears, says Mobius

These are interesting times for an emerging markets investor. What is your view on the recent selloff
It is notable but not significant in the context of emerging markets history. What happened is that three years ago you had the US Federal Reserve lowering interest rates to almost nothing. So bond investors looked at the emerging markets and realised that the credit rating houses were upgrading them because foreign reserves were growing, debt-to-GDP levels were lower...

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