Mark Mobius: beware the communist threat

The legendary investor is used to iffy regimes in far-flung countries – now it's Britain and the US that are unnerving him.

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Mark Mobius, founder,Mobius Capital Partners
(Image credit: © 2018 Bloomberg Finance LP)

"It's frightening, they're talking about communism.It scares any investor."Mark Mobius, probably the best-known emerging markets investor in the world, is very used to dealing with political regimes that are corrupt, incompetent, or both. But in his latest interview with London's Evening Standard newspaper, he reveals that it's not the government in a developing nation that's unnerving him instead, it's the contenders for power in the US and the UK. Mobius is unimpressed by both Labour leader Jeremy Corbyn, and popular US Democrat Alexandria Ocasio-Cortez.

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