Report: Mobius calls acquisition of Russian shares deal of century
MOSCOW, Apr 15 (PRIME) – Acquisition of Russian shares could become the deal of the century once the sanctions against the country are abolished, Mark Mobius, head of the developing markets department of Franklin Templeton Investments, told channel CNBC in an interview broadcast on Friday.
He said that Russian assets are undervalued due to the sanctions but will demonstrate good growth once the sanctions are over.
Mobius dismantled Templeton Russia and East European Fund last year after 20 years of existence.
End
15.04.2016 12:10