Mobius sees value in frontier, small cap stocks

jueves 3 de marzo de 2011 23:35 CST
 

MEXICO CITY, March 3 (Reuters) - Franklin Templeton's Mark Mobius said the recent pullback in emerging market stocks has uncovered value in frontier markets and smaller companies.

Mobius, chairman of the emerging markets unit of investment group Franklin Templeton, also told reporters on Thursday he recently picked up Chilean stocks following a sharp correction from record highs. (Reporting by Michael O'Boyle and Lorena Segura; Editing by Muralikumar Anantharaman)