The loss of the private plane is not the only change that emerging market veteran Mark Mobius has had to face after leaving Franklin Templeton to set up Mobius Capital Partners last year.
“The big change is size. At one time we were running some USD 40 billion (EUR 36 billion) in emerging markets at Franklin Templeton and here we manage some USD 200 million. The other change is that we are much smaller and everyone has to be much more hands on. I have to be more hands on. It’s a big difference,” he says during an interview at Stockholm Waterfront Hotel on June 3. He is in the city to follow the development of Oriflame, which is a holding in the new fund. In mid-May, the Swedish founding family of OriflameIf you’re new to Tell Media Group, create an account.
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