News Line

    Go to Home Back
Email this to a friend
Printable version
Wednesday, January 12, 2011 - 05.10 GMT

Emerging Markets Star to invest in SL

 

Jet-setting Emerging Markets star fund which is designed for Canadian investors, will invest in companies across the Asia region including Sri Lanka.

“Asia has witnessed a tremendous transformation since we began investing there in 1987. It is now home to some of the fastest growing economies globally,” said Mark Mobius, the lead manager of Templeton Emerging Markets Fund.

The number of listed companies in Asian emerging markets has grown by 206% over the last 20 years versus 36% in developed countries.

Valuations in Asia have increased of late, but growth and profitability “still appear strong, indicating, in our view, strong fundamentals. As bottom-up value investors, we are still able to find attractive stocks on an individual basis in most Asian markets,” quoting Mobius, National Post reported.


For full report please visit:
http://opinion.financialpost.com/2011/01/06/emerging-markets-ace-mark-mobius-to-lead-new-templeton-asian-growth-fund/










 

                  009

 
   
   
   
   
   

top

   

Contact Information:: Send mail to priu@presidentsoffice.lk with questions or comments about this web site.
Last modified: January 12, 2011.

Copyright © 2008 Policy Research & Information Unit of the Presidential Secretariat of Sri Lanka. All Rights Reserved.