Mobius oversees some $50 billion of emerging markets assets. He is a major player in those markets.
Right now he finds valuations very attractive in the frontier markets with single-digit price to earnings ratios and price to book ratios under one.
He thinks emerging markets are due for a bounce back because there has been too much negativity.
In the video below he discusses his specific favorite emerging markets:
Right now he finds valuations very attractive in the frontier markets with single-digit price to earnings ratios and price to book ratios under one.
He thinks emerging markets are due for a bounce back because there has been too much negativity.
In the video below he discusses his specific favorite emerging markets: