Mark Mobius, Founder of Mobius Capital, earned the nickname 'Money Wizard' with his successful investment moves in developing countries. For a quarter of a century, Mark Mobius' name has been associated with investments in developing countries.
Intrepid investor Mobius appears on television broadcasts, mostly dressed in white, advising investors from St Petersburg to Sao Paulo to turn to developing countries.
Among the most successful investors
Mobius, whose comic book was even published in 2007, was listed as one of the 10 most successful investors of the 20th century in the USA. He was on the list alongside famous billionaires such as Warren Buffet, Bill Gross, Julian Robertson, and George Soros.
King of Emerging Markets
The investment world sees Bill Gross as the King of bond markets and Mark Mobius as the King of emerging markets.
Who is Mark Mobius?
Joseph Bernhard Mark Mobius (born August 17, 1936) is an American-born German emerging markets fund manager and founder of Mobius Capital Partners LLP.
Joseph Bernhard Mark Mobius (born August 17, 1936) is an American-born German emerging markets fund manager and founder of Mobius Capital Partners LLP. He was previously employed at Franklin Templeton where he ran the Templeton Emerging Markets Group for over three decades.
Joseph Bernhard Mark Mobius was born in Hempstead, New York, to German and Puerto Rican parents. B.A. received his degree. and M.S. He graduated from Boston University with a degree in Communications and received a PhD in economics from the Massachusetts Institute of Technology in 1964.
At Templeton, Mobius built its research team in 18 global emerging markets offices and managed more than $50 billion in emerging markets portfolios.
In 2015, Mark Mobius, who had led the company for more than a quarter of a century, decided to step down as chief manager of Templeton Emerging Markets Investment Trust (TEMIT) and handed over control of the fund to Carlos Hardenberg.
In 2018, Franklin Templeton announced Mobius' retirement from Franklin Templeton, effective January 31, 2018. In March 2018, Mobius launched Mobius Capital Partners with former Templeton colleagues Carlos von Hardenberg and Greg Konieczny.
Born a US citizen, Mobius also qualified for German citizenship. He renounced his US citizenship and is now a German citizen.
Mobius stated that he favored a Donald Trump victory in the 2020 United States Presidential election and described a potential win by the Biden-Harris ticket as "disastrous" for the stock market and economy.