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How Markets Move Ahead Depends On Severity Of Covid-19’s Second Wave, Says Mark Mobius

The severity of second wave of Covid-19 outbreak would be a “bigger determinant” of how the markets move ahead, he said.

Mark Mobius, founder of Mobius Capital PartnersRead and former executive chairman of Templeton Emerging Markets Group during a Bloomberg Television interview in Hong Kong, China. (Photographer: Justin Chin/Bloomberg)
Mark Mobius, founder of Mobius Capital PartnersRead and former executive chairman of Templeton Emerging Markets Group during a Bloomberg Television interview in Hong Kong, China. (Photographer: Justin Chin/Bloomberg)

The severity of the second wave of Covid-19 infections would be a “bigger determinant” of how the markets move ahead, according to Mark Mobius.

The veteran investor also said Indian markets are set to benefit from global fund inflows, adding that’s why the country figures atop investments made by his fund.

Watch the full conversation with market veteran Mark Mobius: