Mobius: If you have less than 30% in EM, you are underweight
Mark Mobius
Mark Mobius, executive chairman of the Templeton emerging markets group, has urged investors to hold at least 30% in emerging markets to ensure they are properly diversified.
Speaking at the annual Morningstar UK Investment Coference, Mobius (pictured) said this allocation should include 3% in frontier markets, reflecting the weight of emerging economies in global equity markets....
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