It was announced last night that Mark Mobius, who managed the Templeton Emerging Markets Group for more than three decades before going on to found Mobius Capital Partners LLP, has passed away at the age of 89.
Jenny Johnson, CEO of Franklin Templeton, has released this message following the news of his passing:
“I’m deeply saddened to hear of Mark Mobius’ passing. Mark wasn’t just the Father of Emerging Markets. To my family and me, he was a dear friend. Some of my most treasured memories happened outside the office: celebrating Carnival together in Brazil, exploring Amsterdam and the times my parents joined him on their travels. Those moments showed me who Mark really was. His warmth, his endless curiosity, that wonderful sense of adventure he brought to everything.
“His professional legacy is extraordinary, of course. Mark opened the world’s eyes to emerging markets and inspired generations of investors to think more globally, more boldly and with greater imagination about what’s possible. He changed how we invest and how we see opportunity across the world.
“But for those of us lucky enough to know him personally, Mark was so much more than his incredible accomplishments. He was generous with his time, thoughtful with his advice and genuinely fascinated by people and cultures everywhere he went.
“I’m grateful to have known him as a friend, to have learned from him and to have shared so many meaningful experiences together over the years.
“My heart is with his family and everyone who had the privilege of knowing and loving him. His impact will continue for generations to come.”
