Lofty Southeast Asian Stock Valuations Don’t Deter Mark Mobius
- Political concerns are overdone, Templeton chairman says
- Regional valuations well above emerging-market averages
Mobius: Emerging Stocks Good for Investors
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Valuations at a 16-month high are taking the shine off some Southeast Asian stocks. Mark Mobius isn’t flinching.
The region’s equities still offer good value, according to the executive chairman of Templeton Emerging Markets Group, who added that political worries about some of the countries are overdone.