Mark Mobius may be the most well known emerging stock market investor.
The Chinese market went parabolic a couple of months ago (up 50%) and Mobius was asked if it is too late to get in.
He thinks it depends on the valuation of the company you are looking at. He notes that the discount in the “H” shares to the “A” shares is wide in many cases, which means one has to come down and the other go up.
Brook Asset Management was up 7.27% for the first quarter, compared to the MSCI GBT TR Net World Index, which returned 3.96%. For March, the fund was up 1.1%. Q1 2021 hedge fund letters, conferences and more In his March letter to investors, which was reviewed by ValueWalk, James Hanbury of Brook said returns during Read More
His view is that China is in a long-term bull market.