Mobius: Ukraine is Divided

Emerging markets specialist Mark Mobius says Ukraine is likely to be volatile for some time, but is geopolitically one of the most important countries in Eurasia

Franklin Templeton Investments 7 March, 2014 | 3:00PM

This article is part of Morningstar's "Perspectives" series, written by third-party contributors. Here, Mark Mobius manager of the Templeton Emerging Markets Investment Trust gives his view on the political division in Ukraine.

Dr. Mobius’ comments, opinions and analyses are for informational purposes only and should not be considered individual investment advice or a recommendation to invest in any security or to adopt any investment strategy.

In February, the winter Olympic Games brought athletes from around the world together in Russia, but in Ukraine, Russia’s neighbour to the southwest, the story has been one of division. Violent clashes between pro-EU (European Union) protesters and government forces in the past few months have focused the eyes of the world on the former-Soviet state after (now former) President Yanukovych had refused to sign an Association Pact forging closer ties to the EU and decided instead to accept funding from Russia. These incidents are extremely tragic, and we sympathise with the people there during this time of chaos. We are watching developments closely as they unfold, including the most recent tensions in the Crimean peninsula. While it’s impossible to determine how the situation will play out, as an investor, I believe Ukraine’s strategic importance to both Russia and the EU could help ensure its survival, its solvency—and its potential long-term success.

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The information contained within is for educational and informational purposes ONLY. It is not intended nor should it be considered an invitation or inducement to buy or sell a security or securities noted within nor should it be viewed as a communication intended to persuade or incite you to buy or sell security or securities noted within. Any commentary provided is the opinion of the author and should not be considered a personalised recommendation. The information contained within should not be a person's sole basis for making an investment decision. Please contact your financial professional before making an investment decision.

Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
Rating
Templeton Emerging Mkts Invmt Tr TEMIT647.00 GBX-0.46

About Author

Franklin Templeton Investments  is one of the world's largest asset management groups, offering UK investors a range of over 80 funds across different market sectors.

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