30-04-2025
‘Cash is king,' says Mark Mobius amid trade war fears, backs India over China
Veteran investor Mark Mobius has put nearly all his funds in cash, saying global trade tensions could last another six months, reported believes 'cash is king' right now, with nearly all his funds parked in cash while he waits for the right moment to invest, said Mobius while speaking to Bloomberg who has spent over 30 years investing in emerging markets, believes the uncertainty around trade wars makes it risky to invest right now. However, he does see hope in countries like India, which he says could benefit as global supply chains shift away from
He added that the current situation may take a few months to settle, and he plans to hold onto the cash for no more than three to four other fund managers are playing it safe too, Mobius's 95% cash position is seen as unusually cautious. Still, some experts say this could be a missed opportunity, as other global markets outside the US have seen strong gains in recent who co-founded Mobius Capital Partners, had about $300 million in assets under management last year. He expects India to gain as the US tries to move away from relying too much on China and is keeping a close watch on Indian stocks linked to software and electronics China, Mobius said he would turn positive if the country makes strong changes in trade policies and boosts domestic mentioned holding a small portion in S&P 500 funds to stay in sync with the market and expects the index to climb as investor confidence picks up in the US. He believes Trump will take steps to avoid a major market crash that restore investor trust.
