BANGKOK, 15 January 2014 A markets fund manager, Mark Mobius, remains confident about investing in Thailand despite the ongoing political turmoil.
Mark Mobius, an executive chairman of Templeton Emerging Markets Group, who manages up to 14 billion US dollars in investment funds, stated that he was still confident in Thailand’s investment atmosphere despite the current political turmoil.
He pointed out that Thailand’s economic and business fundamentals remain strong, and investment outlooks also remain positive. Mr. Mobius was reported to currently have invested 25% of his fund in Thailand alone since November of last year.
Energy and commodities will be his main investments this time around – despite being the same choice that incurred a huge loss for Franklin Templeton 15 years ago in the South East Asian region.
Disregarding the political impasse Thailand is currently facing, Mr. Mobius stated that he is undeterred and remains confident in Thailand’s strength in its future economic growth.
