Now is a great time to be investing in emerging markets, says investor Mark Mobius

Investor Mark Mobius recently shared his insights on the current market conditions and the impact of the escalating trade tensions between the United States and China in an exclusive interview with CNBC Africa. With the nearing of a trade agreement between the two global powers, Mobius expressed confidence in the potential opportunities in emerging markets, despite the prevailing pessimism in the current market environment. Mobius emphasized that now is an opportune time to invest in emerging markets, noting the potential for high returns and strategic investments amid the ongoing uncertainties. The interview delved into Mobius' investment strategies, outlook on international trade dynamics, and expectations for the future. While acknowledging the challenges posed by rising interest rates and debt levels in some companies, Mobius highlighted the importance of selecting resilient companies to navigate the evolving economic landscape. Mobius also discussed the implications of recent trade agreements, such as the USMCA deal, and the potential outcomes for China amidst the trade tensions with the United States. He pointed out potential winners and losers in the changing trade dynamics, citing countries like Mexico, Vietnam, Bangladesh, and Thailand as potential beneficiaries of shifting trade patterns. Moreover, Mobius commented on the negotiation tactics employed by the United States and China, highlighting the complexities involved in reaching a consensus between the two economic powerhouses. Despite anticipating continued challenges and volatility in the market, Mobius remained optimistic about the long-term prospects of investing in emerging markets. He emphasized the importance of strategic investments, long-term perspective, and proactive governance initiatives to maximize returns and mitigate risks. Mobius also hinted at potential future fundraising efforts and expansion plans, indicating a willingness to open up to investors and explore new opportunities for growth. Overall, Mobius' insights underscored the importance of staying informed, agile, and resilient in navigating the evolving global market landscape, particularly in the face of ongoing trade tensions and economic uncertainties.