Mobius’ Emerging Opportunities

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…”

This entry was posted on Monday, September 29th, 2008 at 11:58 am and is filed under Cambodia, Georgia, Kazakhstan, Tunisia, Turkey, Vietnam.  You can follow any responses to this entry through the RSS 2.0 feed.  Both comments and pings are currently closed. 

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Wildcats & Black Sheep is a personal interest blog dedicated to the identification and evaluation of maverick investment opportunities arising in frontier - and, what some may consider to be, “rogue” or “black sheep” - markets around the world.

Focusing primarily on The New Seven Sisters - the largely state owned petroleum companies from the emerging world that have become key players in the oil & gas industry as identified by Carola Hoyos, Chief Energy Correspondent for The Financial Times - but spanning other nascent opportunities around the globe that may hold potential in the years ahead, Wildcats & Black Sheep is a place for the adventurous to contemplate & evaluate the emerging markets of tomorrow.