6:14 AM CEST May 2, 2016 Mark Mobius, executive chairman of Franklin Templeton’s Emerging Markets Group, discusses the outlook for emerging markets with Bloomberg’s Manus Cranny on “Bloomberg Markets Middle East.” (Source: Bloomberg)
The World Bank has published its economic update on Mongolia and it expects Mongolia to grow at 0.7% in 2016, 2.7% in 2017, 6.8% in 2018. The World Bank also expects growth to remain sluggish in 2016 due to weaker mining production, likely increasing poverty...
Foreign money flooded back into emerging markets in late March, inspired by dovish noises from the US Fed, and the oil price recovery to the US$ 40 mark. A meeting of major oil producers on April 17th, may lead to production cuts. However, we scaled back on our...
Despite massive swings in the key Russian commodity, crude oil, Russian equities were able to produce a stellar return of 14% for the first three months of the year. Our largest positions in blue chips such as Lukoil, Sberbank, Gazprom and Rosneft significantly added...
Like all other Emerging Market Funds, the first quarter of 2016 was a very tough and volatile quarter for the Rising 6 Fund. None of the six regions the Fund is invested in was spared the sheer rout and volatility that we saw in January. The bears stormed out of the...
