Mark Mobius, the Emerging Markets Fund Manager of Franklin Templeton Investments, predicts emerging markets will continue to increase in the upcoming trends in 2018. According to him, it is based on the history of the growth of that ever happening in emerging markets.
At this time, according to him, the rapid growth in the market for a wide range of developing countries in Asia, Africa, and other countries such as Russia and Brazil have just begun. Looking at the history, he believes this growth could still continue on next year and the following years.
"Emerging markets have a history of growth that is optimistic. If being bullish, usually movement that will last for five years, "said Mobius in a panel discussion on the show Bloomberg The Year Ahead in Asia Jakarta.
The high-growth emerging markets ever reached on the 2007, estimated could happen again in the next few years. Mobius even convinced emerging markets can grow 20% from a record growth in 2007.
Although he is very optimistic towards the growth of the emerging markets in the future, but there is still some risk that must be considered. One such risk is geopolitical.
"There is a great possibility of United States military will do something to put a stop to North Korea. If that happens, the market will react and could crash at any time, "he explained.
