Emerging markets expert, Mark Mobius is bullish on Malaysian prospects and is not worried about the recent attacks on Christian churces:
The arson attacks on Christian churches in Malaysia won’t deter fund managers from putting money into the country, said investors and analysts including Templeton Asset Management Ltd. Chairman Mark Mobius.
“We are quite positive about Malaysia, we just opened an office and we believe there are great opportunities going forward,” said Mobius, who oversees $33 billion in emerging markets funds, in a telephone interview yesterday. "The attacks are minor incidents that were taken care of by the leadership and don’t pose any big problem.”
Related ETF`s: iShares MSCI Malaysia Index Fund (ETF) (EWM)
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