Emerging market guru and value investor Mark Mobius thinks Europe will emerge from its debt crisis intact and stronger than ever.
http://www.cnbc.com/id/47870358?__source=ft&par=ft
He believes emerging markets offer the best opportunities for investors. “The average growth this year will be five percent, compared to less than one percent in developed countries. They represent 34 percent of the world’s market capitalization and most people have very little, if anything, in emerging markets”.
His favorite developing economies are Vietnam and Nigeria
I guess this is the guru who advised our SWF to pump more money to rising E.U.,I hope he is right.