Tuesday, June 24, 2014

Mark Mobius Says Buy Russia and Nigeria

Mark Mobius is a superbull. In fact, he’s confident that the global markets are facing a five-year bull environment, as massive liquidity injections from central banks will start to do the trick.  And then things will start to happen: Emerging markets will outperform. Nigeria will attract lots of attention. Even Zimbabwe is looking like an interesting investing opportunity.  “The U.S. outperformed emerging markets last year, [and] now emerging markets are coming back and outperforming,” Mobius, executive chairman of Templeton Emerging Markets Group, said in an interview with MarketWatch on the sidelines of this year’s FundForum International in Monaco.

http://tinyurl.com/qylgr7g

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