Mark Mobius underperforms over past 15 yrs. Retires.

Discussion in 'Wall St. News' started by learner88, Jan 6, 2018.

  1. Mark Mobius underperformed 80% of his peers over the past 15 years. Most of his active fund manager peers underperformed cheaper passive funds.

    Mark Mobius is the face of emerging market active fund managers. One would have thought his performance was top-notch given his high profile. It is really disappointing to learn about the true facts about his performance. He subtracted value for his investors. His investors would be better off investing in far cheaper passive funds.

    https://www.bloomberg.com/news/arti...ging-market-guru-set-to-retire-after-30-years

    As technological advancements gave rise to new investment strategies, Mobius’s performance began to taper, according to Russel Kinnel, director of manager research at Morningstar in Chicago. The Templeton Developing Markets Trust, which he co-managed from 1991 to 2017, trailed 80 percent of its peers over the past 15 years, Morningstar data show.
     
    murray t turtle likes this.
  2. tomorton

    tomorton

    This would be sad - if I had any respect for fund managers.
     
    sle and schweiz like this.
  3. Given that this is a forum for traders and investors, I fear you have unwittingly offended several forum members :) I'm a retail investor/trader, not professional fund manager.
     
  4. tomorton

    tomorton


    Not unwittingly.
     
    murray t turtle likes this.
  5. I respect your forthrightness.
     
    murray t turtle likes this.
  6. You see, he failed to invest in the only truly international , interspecies, intergalactic investment

    crypto

    [​IMG]
     
    comagnum likes this.
  7. %% And Ems can be tricky, more panic sellers/panic buyers, +cryptocurrencies, not that they shoud be in the same sentence, but IBD did that= so i blame them LOL:D