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Mark Mobius to set up new fund with ESG theme

The firm aims to raise up to US$1 billion over two to three years.

"In all the years we've worked in the emerging markets field, we've found an incredible need for improvement in corporate governance", said Mr Mobius.

BARELY four months after announcing his retirement from Franklin Templeton, veteran fund manager Mark Mobius is setting up an equities fund to invest in emerging and frontier markets - with a distinct ESG (environment, social, governance) theme.

Mr Mobius, 81, was expected to retire in...

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