Mark Mobius, the head of Templeton Emerging Markets group has been investing in developing nations for four decades and is known for sniffing out undervalued stocks and leveraged on that by delivering outsized returns earlier in his career. There was an interview with Mark Mobius at the last segment of “Moneymind” screened on Channel Newsasia on 2nd April 2016.
In the interview, Mark Mobius was asked by the host, Ms Dawn Tan of his take on the emerging markets sector, a sector he is familiar with. And towards the end of the show, Mark Mobius mentioned that he believed the commodities stocks were too oversold and prices could rebound.
While cyclical stocks navigating the ups and downs of market cycles are common facts, the endorsement of Mark Mobius will give some form of assurance to investors in commodities stocks who are currently “sitting out” the slump in commodity prices. In ......