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Mobius stays the course even as valuations soar
Next big crisis might be a digital one, with more and more people going on cloud or adopting blockchain technology
Emerging markets are growing in economic significance in the world, while possessing a demographic advantage and more foreign reserves, according to Mr Mobius.
Singapore
EMERGING market valuations are high relative to history, and tech companies are having a disproportionate impact on indices.
But the Templeton Emerging Markets Group still feels that the bulk of what they own is undervalued.
Senior investors there said that this
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