Mark Mobius returns to launch emerging markets ESG fund

ESG tilt

Tom Eckett
clock • 1 min read

Emerging markets investment pioneer and former executive chairman of Templeton Emerging Markets Group (TEMG) Mark Mobius is reportedly set to launch an emerging and frontier markets fund with an environmental, social and governance (ESG) tilt.

At a conference in Mumbai, the EM veteran said he was applying for fund management licenses in London and Luxembourg just one month after retiring from Franklin Templeton investments, according to Indian news source livemint. He added the fund will be open-ended and long-only. Mobius said at a talk in Mumbai: "There is no plan to retire. I am starting a fund management company, and we are now applying for licences in London and Luxembourg. So, that is coming down the road. "The fund [will invest in] not only companies that are great in ESG, but also those that have the potential to...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on People moves

Trustpilot