Mobius reveals trust is 56% invested in first portfolio update since launch

Capital allocated 'with caution'

Jayna Rana
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Mark Mobius said he will remember 2018 fondly as the year Mobius Capital Partners was established
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Mark Mobius said he will remember 2018 fondly as the year Mobius Capital Partners was established

In his first detailed update on the £95m Mobius Investment Trust, which launched on 1 October, Mark Mobius has revealed more than half of the trust is now invested, with 15 names across ten emerging market countries.

Mobius said he has exercised caution and discipline in allocating capital in the trust, due to 2018 being "a year to forget for emerging and frontier markets". Despite thinking of 2018 "fondly" as the...

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