Mark Mobius to pass on his responsibilities
He will step down as Templeton emerging markets head; Stephen Dover to become CIO
Add BT as a preferred source
New York
MARK Mobius, a money-management icon who popularised emerging-markets investing, will pass on his responsibilities of overseeing the Templeton Emerging Markets Group to Stephen Dover as he steps down from day-to-day management.
Mr Dover will become chief investment officer (CIO) of the group and take over some of Mr Mobius's responsibilities on April 15, the company said in a statement.
TRENDING NOW
MAS eases family office tax rules, widens AML checks as Singapore vies for global wealth
How BYD disrupted Singapore’s car market – and why the strategy is turning on itself
Vietnam seeks US$76 billion a year from capital markets to ease reliance on banks
SGX’s record year masks Singapore’s equities challenge
