Via The Financial Times, an interesting look at which emerging markets Mark Mobius (executive chairman of Templeton Asset Management) is focusing on, in spite of the recent credit-related financial turmoil.  As the article notes, Mobius has long been at the forefront of drawing investors toward frontier markets, including Bangladesh, Botswana, Estonia and Tunisia, and now is watching the following:

“…We are now investing in frontier markets such as Vietnam, Tunisia, Cambodia and others…

…We are invested in Kazakhstan and in George for example. The countries in Central Asia are particularly interesting because of the natural resources in the Caucasus are important as a link between the Central Asian countries and Western Europe. We continue to look for possible investments in resource companies as well as property firms and banks…

…We are very bullish on the prospects of the Turkish markets. We have a particularly high overweight position in Turkish companies.

We do not think it is risky to invest in Turkey despite the global turmoil because Turkish companies are particularly adept at adapting to changing conditions…

…Investments in Nigeria face considerable risks, particularly the high degree of corruption. Nevertheless, there are wonderful investment possibilities because of the size of the country, its natural resources and its large consumer market…”