May 27, 2010

Mark Mobius: This Is A Correction In A Bull Market

“Despite the fact that a lot of people think that we are entering into a bear market, we don’t believe so. This is a correction in an ongoing bull market. When the time comes, emerging markets will recover faster and in a big way. We’ve been buying because we have had net flows into our funds. And most of the buying has been in the BRIC countries.”

Mark Mobius, Templeton Asset Management

Related: iShares MSCI Emerging Markets Indx (ETF) (Public, NYSE:EEM), iShares MSCI Brazil Index (ETF) (Public, NYSE:EWZ), Market Vector Russia ETF Trust (Public, NYSE:RSX), iShares FTSE/Xinhua China 25 Index (ETF) (Public, NYSE:FXI), The India Fund, Inc. (Public, NYSE:IFN)

No comments: