Monday 28 July 2014

Mobius says sticks with Egypt, looking to add

Veteran emerging market investor Mark Mobius said on Tuesday he is holding onto his existing Egyptian stock position and is looking to add more even as the latest political crisis unfolds. "It's a good play to hold what w


Mobius bullish on Mideast despite unrest

Veteran emerging markets investor Mark Mobius is bullish on Middle East markets and expects recent political events to benefit the region in the long-term, he said on Sunday. "My outlook is very positive because I see these political chang


Dollar ‘will lose grip on commodity trade’

It won't happen next week, next month, or even five years from now, but a day will come when commodities are traded in a currency other than the dollar, says an investment expert. "Yes, commodities could be denominated in other currencies,


Pessimism too high, time to buy - Mobius

Veteran fund manager Mark Mobius sees a potential 20 percent rise in emerging market stocks in 2009 and views extreme investor pessimism as a signal to gradually start buying equities. "The danger we face now is being too pessimistic," Mob


Investment expert addresses NBK clients

The renowned international investment expert Mark Mobius yesterday (June 4) keynoted a seminar exclusively for National Bank of Kuwait's VIP clients on the international markets, the implications of the credit crunch and the best approaches for in

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