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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

Published Tue, Jul 14, 2015 · 09:50 PM
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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 billion) fu…

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