Latest news with #MarkMobius
Hans India
26-05-2025
- Business
- Hans India
Indian economy to move up ladder due to robust policies, long-term vision: Mark Mobius
India breaking into the world's top four largest economies is due to its robust policies across the spectrum and a long-term vision, billionaire investor Mark Mobius said on Monday. Speaking to IANS, the global investor who runs the Mobius EM Opportunities Fund for Emerging Markets (EMs), said he was not surprised at India's continuous elevation in the table of world's largest economies. 'I am not surprised that India is moving up in the world's top economies ranking. The 140-crore population, under the visionary leadership of Prime Minister Narendra Modi, is now eager to reclaim their deserved place on the global map,' Mobius said. He further stated that the kind of GDP growth India is witnessing will help it on the road to become the third-largest economy in the world soon. 'The country is witnessing 6-7 per cent growth despite global uncertainties which shows the resilience in its economy. It will help India continue to move up the ladder,' said Mobius. In just a few years, India has risen from being the world's 11th-largest economy to the fourth-largest. As of 2025, India trails behind the US, China and Germany in terms of total GDP. Mobius told IANS that India has the potential to become even the second-largest economy in the world. "India now has a substantially larger population than China. It is now estimated that China's population is actually 800 million or less, with an average age much higher than India's 1.4 billion people," he contended. India has just surpassed Japan to become the world's fourth-largest economy and is now poised to displace Germany from the third rank in the next 2.5 to 3 years, according to NITI Aayog Chief Executive Officer (CEO) B.V.R. Subrahmanyam. 'We are the fourth-largest economy as I speak. We are a $4 trillion economy as I speak, and this is not my data. This is IMF data. India today is larger than Japan," said Subrahmanyam at a Press conference of the 10th NITI Aayog Governing Council Meeting. The IMF had stated earlier this month in the World Economic Outlook report that India is poised to become the fourth-largest economy globally in 2025, with the country's nominal GDP rising to $4,187.017 billion to surpass Japan's GDP pegged at $4,186.431 billion. According to the report, India continues to remain the world's fastest-growing major economy and the only country expected to clock over 6 per cent growth in the next two years.
Economic Times
15-05-2025
- Business
- Economic Times
India top market for me, but regulatory red tape holding it back: Mark Mobius
Live Events India outlook remains firm despite tensions Focus on fundamentals, not headlines 'I refuse to play a fool's game' (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel Veteran emerging-markets investor Mark Mobius on Thursday reaffirmed his bullish stance on Indian equities , calling the country his 'top market' despite heightened geopolitical tensions with Pakistan. However, he warned that bureaucratic red tape is slowing foreign investor access, saying regulatory delays have held back his new fund's deployment in the a post on microblogging site X (formerly Twitter), Mobius reiterated his long-held view that market timing is futile. 'People often ask how I time the market. The simple answer is, I don't,' he wrote. 'Trying to guess which way the wind will blow tomorrow is a fool's game. Markets rise and fall for reasons that don't always make sense. Those who spend their time predicting daily market swings tend to spend a lot of time being wrong.'Mobius linked his latest blog post titled "Avoiding the Fool's Game" in his X post, in which the Mobius Capital Partners co-founder said that his Mobius Emerging Opportunities Fund had been holding 95% of its assets in cash just two weeks ago, but that figure has now dropped to 60% as the fund has started redeploying capital.'That's just the nature of this business. One moment you're waiting, the next you find something worth buying,' Mobius who has been investing in developing economies for more than three decades, played down the impact of fresh friction between India and Pakistan on markets, calling such events historically inconsequential to long-term fundamentals.'These two countries have had a long and complicated history, and the latest round of friction, while serious, isn't new,' he said. 'A ceasefire has been announced, which should help ease concerns in the short term. But in my experience, these tensions rarely have a lasting/significant impact on the market itself.'Instead, Mobius identified regulatory inefficiencies as the more serious headwind for investors. 'Since our fund is new, we've found it slow and difficult to get proper access to the Indian market,' he said. 'The paperwork alone has held us back for months. If India wants to attract more long-term capital, simplifying these processes would go a long way.'While Mobius said the macro picture continues to matter, citing lingering uncertainties in the U.S.–China trade relationship, he urged investors not to get 'caught up in news headlines.''For the U.S.–China trade relationship, things may look more stable on the surface now that some agreements have been reached. But implementation is what really matters and non-tariff barriers will likely remain a sticking point,' he veteran investor cautioned that market volatility is likely to persist in the near term. 'So I do expect markets to be choppy for a while,' he said. Still, he encouraged investors to stay focused on company fundamentals: 'Do your homework and stay focused on searching for good businesses with strong fundamentals. That's really all that matters when it comes to investing.'Mobius also highlighted mid-cap stocks as an area of particular interest for his team. 'They're not always on the radar of big institutional investors, and that's where we often find value.'Mobius's blog post ended with a photo of him being mock-threatened by a Jack Sparrow impersonator at the Atlantis hotel in The Bahamas. In the image, the costumed pirate playfully grabs Mobius by the collar while pointing a fake rifle. The caption reads: 'I refuse to play a fool's game (photo taken at the Atlantis hotel in The Bahamas).'The emerging-markets investor's remarks come at a time when global market sentiment remains fragile. After an initial rally earlier this week on optimism over a U.S.–China trade truce and high-profile investment deals from the Middle East during former President Donald Trump's Gulf tour, equities lost steam by Thursday. MSCI's broadest index of Asia-Pacific shares outside Japan slipped 0.15%, while U.S. equity futures also edged lower ahead of key data were awaiting U.S. retail sales figures and earnings from Walmart for insight into consumer sentiment, as well as a speech by Federal Reserve Chair Jerome Powell for cues on the interest rate read | Mark Mobius says his funds hold 95% in cash on trade war risks (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
Time of India
15-05-2025
- Business
- Time of India
India top market for me, but regulatory red tape holding it back: Mark Mobius
Veteran emerging-markets investor Mark Mobius on Thursday reaffirmed his bullish stance on Indian equities , calling the country his 'top market' despite heightened geopolitical tensions with Pakistan. However, he warned that bureaucratic red tape is slowing foreign investor access, saying regulatory delays have held back his new fund's deployment in the country. In a post on microblogging site X (formerly Twitter), Mobius reiterated his long-held view that market timing is futile. 'People often ask how I time the market. The simple answer is, I don't,' he wrote. 'Trying to guess which way the wind will blow tomorrow is a fool's game. Markets rise and fall for reasons that don't always make sense. Those who spend their time predicting daily market swings tend to spend a lot of time being wrong.' Mobius linked his latest blog post titled "Avoiding the Fool's Game" in his X post, in which the Mobius Capital Partners co-founder said that his Mobius Emerging Opportunities Fund had been holding 95% of its assets in cash just two weeks ago, but that figure has now dropped to 60% as the fund has started redeploying capital. 'That's just the nature of this business. One moment you're waiting, the next you find something worth buying,' Mobius said. India outlook remains firm despite tensions Mobius, who has been investing in developing economies for more than three decades, played down the impact of fresh friction between India and Pakistan on markets, calling such events historically inconsequential to long-term fundamentals. 'These two countries have had a long and complicated history, and the latest round of friction, while serious, isn't new,' he said. 'A ceasefire has been announced, which should help ease concerns in the short term. But in my experience, these tensions rarely have a lasting/significant impact on the market itself.' Instead, Mobius identified regulatory inefficiencies as the more serious headwind for investors. 'Since our fund is new, we've found it slow and difficult to get proper access to the Indian market,' he said. 'The paperwork alone has held us back for months. If India wants to attract more long-term capital, simplifying these processes would go a long way.' Focus on fundamentals, not headlines While Mobius said the macro picture continues to matter, citing lingering uncertainties in the U.S.–China trade relationship, he urged investors not to get 'caught up in news headlines.' 'For the U.S.–China trade relationship, things may look more stable on the surface now that some agreements have been reached. But implementation is what really matters and non-tariff barriers will likely remain a sticking point,' he noted. The veteran investor cautioned that market volatility is likely to persist in the near term. 'So I do expect markets to be choppy for a while,' he said. Still, he encouraged investors to stay focused on company fundamentals: 'Do your homework and stay focused on searching for good businesses with strong fundamentals. That's really all that matters when it comes to investing.' Mobius also highlighted mid-cap stocks as an area of particular interest for his team. 'They're not always on the radar of big institutional investors, and that's where we often find value.' 'I refuse to play a fool's game' Mobius's blog post ended with a photo of him being mock-threatened by a Jack Sparrow impersonator at the Atlantis hotel in The Bahamas. In the image, the costumed pirate playfully grabs Mobius by the collar while pointing a fake rifle. The caption reads: 'I refuse to play a fool's game (photo taken at the Atlantis hotel in The Bahamas).' The emerging-markets investor's remarks come at a time when global market sentiment remains fragile. After an initial rally earlier this week on optimism over a U.S.–China trade truce and high-profile investment deals from the Middle East during former President Donald Trump's Gulf tour, equities lost steam by Thursday. MSCI's broadest index of Asia-Pacific shares outside Japan slipped 0.15%, while U.S. equity futures also edged lower ahead of key data releases. Investors were awaiting U.S. retail sales figures and earnings from Walmart for insight into consumer sentiment, as well as a speech by Federal Reserve Chair Jerome Powell for cues on the interest rate outlook. Also read | Mark Mobius says his funds hold 95% in cash on trade war risks
CNBC
14-05-2025
- Business
- CNBC
Watch CNBC's full interview with Mobius Investments' Mark Mobius
Mark Mobius, Mobius Investments founder, joins 'Power Lunch' to discuss why there's been a push into global markets, examples of companies growing in emerging markets, and the problems with India.
CNBC
14-05-2025
- Business
- CNBC
Mark Mobius: India is the most exciting place to be despite bureaucracy problems
Mark Mobius, Mobius Investments founder, joins 'Power Lunch' to discuss why there's been a push into global markets, examples of companies growing in emerging markets, and the problems with India.
