You are here

Mobius stepping down as chief of Templeton fund

Hardenberg to take over from Oct 1; Mobius to stay as chairman of Templeton Emerging Markets Group
Wednesday, July 15, 2015 - 05:50

The Templeton Emerging Markets Investment Trust delivered outsized gains in the early years after Mr Mobius established it in 1989, but its recent performance has slipped.

New York

MARK Mobius, who is credited as a pioneer in emerging-market investing, will step down as the lead manager of one of the oldest developing-nation stock funds after trailing his benchmarks in recent years.

The Templeton Emerging Markets Investment Trust, a £1.9 billion (S$4

Market voices on:

Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at

Powered by GET.comGetCom