Mark Mobius

From Wikipedia, the free encyclopedia
Jump to: navigation, search

Dr. Joseph Mark Mobius (born August 17, 1936) is an emerging markets fund manager at Franklin Templeton Investments.

Contents

Biography [edit]

Joseph Benhard Mark Mobius was born to German and Puerto-Rican parents in Hempstead, New York. He earned his B.A. and M.S. in Communications from Boston University, and received a Ph.D in economics from MIT in 1964.[1] He also studied at the University of Wisconsin, University of New Mexico, and Kyoto University in Japan. He joined Templeton in 1987 as president of the Templeton Emerging Markets Fund (NYSEEMF), a closed end mutual fund, and there integrated his knowledge of new international markets with Sir John Templeton's disciplined, long term approach to investing.[2] This was the first emerging market equity fund available to US investors,[3] and Mobius' one key condition to take on this challenge was that Templeton must open its first emerging market office, which it did in Hong Kong.[3]

His current duties include managing over 50 closed-end and open-end mutual funds worldwide including 17 offices overseas.[4]

Before joining Templeton, Mobius worked at international securities firm Vickers-da-Costa, and later was president of International Investment Trust Company in Taipei, Taiwan. He once ran an independent consulting company that marketed among other things, Snoopy cartoon merchandise.

Born a U.S. citizen, Mobius was also entitled to German citizenship by descent. He renounced his U.S. citizenship and is now a German citizen.[5]

Industry Recognition [edit]

Because of his in-depth knowledge of emerging markets, Mobius has been a key figure in developing international policy for emerging markets. In 1999, he was selected to serve on the World Bank's Global Corporate Governance Forum as a member of the Private Sector Advisory Group and as co-chair of the Investor Responsibility Taskforce.[6] He has also been featured as a speaker [7] for the World Bank in 1999 and has given seminars for many other groups, including for the Asian Development Bank in 2002[8] and as a motivational speaker for the London Speaker Bureau.[9]

As a recognized industry expert, Mobius appears frequently on financial industry television shows and networks, including Bloomberg, CNBC, MSNBC, and CNN, and has given/written thousands of interviews and opinion pieces over the years.

In addition, Mobius has earned numerous accolades from the investment industry.[4] Among them are:

  • One of "Top 100 Most Powerful and Influential People" by Asiamoney magazine. 2006.
  • "Emerging Markets Equity Manager of the Year 2001" by International Money Marketing, 2001.
  • "Ten Top Money Managers of the 20th Century" by the Carson Group, 1999.
  • "Number One Global Emerging Market Fund" by Reuters, 1998.
  • "1994 First in Business Money Manager of the Year" by CNBC, 1994.
  • "Closed-End Fund Manager of the Year" by Morningstar, 1993.
  • "Investment Trust Manager of the Year 1992" by Sunday Telegraph, 1992.

Mobius has also been given various humorous nicknames over the years, including the "Pied Piper of emerging markets",[10] the "dean of emerging markets",[11] a world "globetrotter",[12][13] and the Yul Brynner of Wall Street[14] due to his signature bald head look.

Mobius is also a regular monthly columnist for the Asia Tatler group of magazines, wherein he authors a column on "Wealth"[15]

A comic book on the life of Mark Mobius was published in 2007: "Mark Mobius - An Illustrated Biography of the Father of Emerging Markets Funds" is currently translated into six languages (English, Traditional Chinese, Korean, Indonesian, Thai and Japanese) and available in numerous countries. [16]

In 2011 he was included in the 50 Most Influential ranking of Bloomberg Markets Magazine.

Selected publications [edit]

References [edit]

  1. ^ http://alum.mit.edu
  2. ^ Franklin Templeton History of Franklin Resources, Inc.
  3. ^ a b Emerging Markets Magazine, October 2007.
  4. ^ a b Franklin Templeton UK Mark Mobious: Manager Biography
  5. ^ "Some of Rich Find A Passport Lost Is A Fortune Gained". The New York Times. 12 April 1995. 
  6. ^ World Bank Press Release. September 27, 1999.
  7. ^ World Bank 1999 Program of Seminars Beyond the Crisis: The Outlook for Private Capital Flows to Emerging Markets. September 1999.
  8. ^ Asian Development Bank Mobius' Curriculum Vitae. 2002.
  9. ^ London Speaker Bureau Profile on Mark Mobius.
  10. ^ Business Times Investment guru with the world on his shoulders. September 1998.
  11. ^ CFO Magazine The Global 100: Gadflies. June 28, 2002.
  12. ^ Canada National Post Silly Theme Funds. April, 2007.
  13. ^ The Motley Fool International Superstar Stocks: Why Invest Overseas?. November 15, 2005.
  14. ^ Federation of East European Family History Societies "Moebius". Investment Outlook. April 1999.
  15. ^ www.asiatatler.com
  16. ^ www.mobiuscomic.com

External links [edit]