Stans the plan along with Russia and Mid East

June 2009
Money Marketing;6/11/2009, p10
The article reports on the plan of Mark Mobius, chairman of the emerging markets fund at Templeton Asset Management Ltd., to invest in Russia and Iraq. Mobius stresses that the growth of banking and consumer stocks in Russia, as well as its high foreign reserves, have attracted him to purchase shares in the country. In addition, he announces to invest in Iraq through its frontier funds when custodian banks will allow to manage the assets that he would buy.


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