Dr. Mark Mobius earned his Bachelor’s Degree in Fine Arts and Master’s Degree in Communications from Boston University, and his Ph.D. in Economics and Political Science from Massachusetts Institute of Technology in 1964. In between, he also studied in Japan under a scholarship program.
His extensive career included working at a talent agency, teaching communications, and marketing Snoopy merchandise in Asia. He also worked as a political consultant then as a market researcher for Monsanto Overseas Enterprises. He also once ran his own research business that branched into securities analysis. Prior to joining Templeton, he worked at Vickers-da-Costa, an international securities firm and became president of Mega International Investment Trust Company in Taipei, Taiwan.
In 1987, renowned value investor Sir John Templeton asked Dr. Mobius to run Templeton Emerging Markets, one of the first emerging funds in the world. He joined Templeton as President of the Templeton Emerging Markets Fund, Inc.
Since then, Dr. Mark Mobius became an important figure in developing international policy for emerging markets. In 1999, he was appointed co-chairman of the Global Corporate Governance Forum Investor Responsibility Taskforce of the World Bank and Organization for Economic Cooperation and Development.
As a renowned influence in the industry, he has been invited as a speaker and has given numerous seminars for groups including the World Bank, the Asian Development Bank, and London Speaker Bureau, in addition to thousands of interviews, opinion pieces, and television appearances on reputable shows and networks such as Bloomberg, CNBC, and CNN.
In his three decades at Templeton, his research and visits to emerging economies all over the world have given him knowledge and expertise that served as his basis for perceptive and reliable insights. Some of which include correctly calling the 2009 bull market and investing in Africa ahead of others. Under the wing of Dr. Mobius, Templeton Emerging Markets initially invested $100 million in only six markets, which now today has grown to $30 billion in 70 markets.
During his term, he has also witnessed revolutionary transformations in the emerging markets – those that were closed then to foreign investors have adopted market-based economy and countries also has standardized their economic policies and has become more sophisticated in handling their currency and economy.
Dr. Mobius has received many recognitions over the years, including Asiamoney magazine’s “Top 100 Most Powerful and Influential People” in 2006, recognized as one of the most successful emerging markets investors in the last 20 years.
- Bloomberg Markets Magazine’s “50 Most Influential People” in 2011
- African Investor’s “2010 Africa Investor Index Series Awards”
- International Money Marketing’s “Emerging Markets Equity Manager of the Year 2001”
- Carson Group’s “Ten Top Money Managers of the 20th Century” in 1999
- Reuters’ “Number One Global Emerging Market Fund” in 1998
- CNBC’s “1994 First in Business Money Manager of the Year”
- Morningstar’s “Closed-End Fund Manager of the Year” in 1993
- Sunday Telegraph’s “Investment Trust Manager of the Year 1992”
In 2015, Dr. Mark Mobius stepped down as the Lead Manager of the Templeton Emerging Markets Investment Trust (TEMIT), after about 25 years of leadership. He remained on the portfolio management team of the trust.
Prior to his retirement from Franklin Templeton Investments on January 31, 2018, Dr. Mobius directed the Templeton Global Emerging Markets Equity Group based in 18 global offices. He also managed emerging markets portfolios and more than 50 closed-end and open-end mutual funds around the world.
In 2016, Dr. Mobius started to transition the management of Templeton Emerging Markets Group to Chief Investment Officer Stephen Dover and the management of the funds to other senior members of the group. Amidst the transition, he continued to be the external spokesperson for the group.
Post-retirement, Dr. Mobius has remained an authority and continues to travel the world and share his views and insights with the industry. In February 2018, he was invited to be a speaker at the Forbes Crystal Cruise, a luxury cruise hosted by Forbes magazine for investors where they can meet and learn from the world’s renowned investment experts. He will also spend his time in Hong Kong, Singapore, Thailand, and London.
Dr. Mobius also continues to receive press coverage and interviews where others can learn from his wisdom and experiences. His advice is don’t just look at the numbers, but also look at the big picture – think about what could possibly happen and change in over five or 10 years, especially with technology and the internet that continuously innovate. He also shares that despite the scrutiny of commodities, investors should own commodities as the demand is not going away anytime soon. When asked about life after retirement, Dr. Mobius expresses that he is now free to from restrictions in terms of investing his cash in individual stocks.
Dr. Mobius used to pen a blog at the Franklin Templeton website but has turned it over to the firm’s team of portfolio managers and analysts. He also has previously written several books, including an illustrated biography.
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