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Veteran emerging markets investor Mark Mobius, pictured left, is bullish on Middle East markets and expects recent political events to benefit the region in the long-term.
Mobius, who oversees the management of $54 billion in assets, is executive chairman of the Templeton Emerging Markets Trust, part of US asset manager Franklin Resources.
"I am not saying the ride is going to be smooth and in many places we could see some bumps but the overall trend is positive," he said.
Mobius enjoys strong success in Asia, where his $15.5 billion Templeton Asian Growth Fund has given investors an over-five-fold return in the past decade.
In January, the emerging market guru said he was considering a plan to set up a hedge fund, a move that would mark a major shift from the traditional money manager into the $1.9 trillion alternative asset management industry.
