Bullish on firms dealing in iron ore, oil: Mark Mobius

PUBLISHED ON: September 5, 2011 | Duration: 11 min, 50 sec

   
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Mark Mobius, executive chairman at Templeton Asset Management, says investors are focusing more on emerging markets because unlike their peers in the West, they have more foreign reserves, lower debt-to-GDP levels, stronger currencies and growth rate. He expects earnings growth of 14 per cent from Indian firms and is bullish on iron ore and oil based firms.
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