An investment trust will be launched by Mobius Capital Partners, an emerging and frontier markets investment management firm, on the London Stock Exchange next month.
The new investment trust, which will join London Stock Exchange’s Main Market, is the first fund from Mobius Capital Partners that was founded by Mark Mobius, Carlos Hardenberg and Greg Konieczny in May 2018 after the trio’s departure from Franklin Templeton.
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By GlobalDataMobius Capital Partners
The vehicle, dubbed Mobius Investment Trust (MMIT), will offer exposure to small and mid-cap firms in emerging and frontier markets having an absolute return focus.
MMIT will also offer exposure to firms that have resilient business models and the potential for improvements in sustainability standards.
“At Mobius Capital Partners we believe our approach to investment must also evolve to stay relevant. That is why we are adopting an innovative and specialised strategy built around actively partnering with our portfolio companies. The recent correction across emerging and frontier markets has presented the perfect conditions to be launching MMIT, with currencies at an all-time low and company valuations looking increasingly attractive,” Mobius noted.
Mobius Capital Partners LLP is an asset management company founded by Mark Mobius, Carlos Hardenberg and Greg Konieczny.
Mobius is a pioneering investor and has actively managed emerging markets funds since 1987. He has built a reputation as one of the most successful and influential market participants and is considered as the core founder of the emerging market asset class