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Investor Mobius to step back from Mobius Capital Partners - statement

Reuters
·1 min read
Mark Mobius, executive chairman at Templeton Emerging Markets Group, speaks during the SALT conference in Las Vegas

LONDON (Reuters) -Emerging markets veteran investor Mark Mobius will step back from his role at Mobius Capital Partners LLP in the months to come, the asset manager said in a statement on Friday.

Carlos Hardenberg, who founded Mobius Capital Partners together with Mark Mobius in 2018, will lead the firm, which will continue to manage Mobius Investment Trust plc, the statement said.

Prior to launching the partnership, Mobius spent more than 30 years at Franklin Templeton Investments, most recently as executive chairman of the Templeton Emerging Markets Group, according to a biography on his current firm's website.

Mobius also serves on the Economic Advisory Board of the International Finance Corporation (IFC) - the World Bank's private investment arm - and has been a supervisory board member of OMV Petrom in Romania since 2010.

(Reporting by Karin Strohecker; editing by Dhara Ranasinghe and Chizu Nomiyama)