When asked to give his big global prediction, Mr. Mobius said, "volatility will increase" and "the perception of emerging markets is changing to become more positive; it's becoming an important asset class for investors, and that's a sea change. Ten years ago it was considered to be a very risky arena." He made sure to mention that corrective mechanisms still exist (regarding Central Banks tightening).
|George Soros via Wikimedia|
George Soros mentioned how the developing world is doing exceptionally well compared to the developed world ("which is sinking"), and India is one of the beneficiaries. "India is actually unusual because its growth is mainly domestically generated, so it is less exposed to the global situation; less exposed but still exposed."
"(India) is not growing as fast as China, but perhaps it is not as exposed to overheating as China is; so India is relatively very well situated"
See part 1: http://economictimes.indiatimes.com/et-now/experts/growth-to-continue-in-india-says-mark-mobius/videoshow/7916782.cms
India Risk: India's Tata Finds Home Hostile - WSJ
India Risk: Tata chief warns of India unrest (re "$39bn telecoms corruption scandal") - Financial Times
India Risk: Jim Rogers Talks About Inflation, China, Commodities, Unrest and India - Forbes
India Risk: "Social unrest similar to that in the West Asia and North Africa is likely to emerge in India and would mainly be triggered by general inflation and food inflation, according to Jim Rogers" - MyDigitalfc.com
The Easy Way To Invest In China That Most Investors Don't Realize - http://www.businessinsider.com/china-part-ii--looking-beyond-its-shores-2011-4#ixzz1JJ9nhQsb
Mobius calls for patience on China investing - FT Adviser
Emerging markets re-emerge on investors’ radar: Mobius - Globe and Mail
Mobius Buys Nigeria's Bank Stocks as Election Violence Sinks Valuations - Bloomberg
Mobius shuns 'underperforming' Chinese A-shares - Investment Week
Mark Mobius bullish on FII flows into India - Business Today India
Indian stock markets to give 15 pc return in 2011: Mark Mobius - Economic Times (4/3/2011)