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Investcorp appoints Mark Mobius as adviser to India advisory board

In Franklin Templeton, Mobius spent 30 years and during his tenure the group expanded its assets under management from US $100 million to over US $40 billion and launched several emerging market and frontier funds focusing on Asia, Latin America, Africa and Eastern Europe.

February 28, 2022 / 11:55 AM IST
File image of Mark Mobius (Source: CNBC)

File image of Mark Mobius (Source: CNBC)

Investcorp, a leading global alternative investment firm, said on February 28 that it had appointed emerging markets veteran Mark Mobius as an adviser to its India operations.

Mobius, the founding partner of Mobius Capital Partners LLP and formerly the Head of Emerging Markets at Franklin Templeton, has spent over 40 years working and investing in emerging and frontier markets and has been in charge of actively managed funds totaling over $50 billion in assets.

The appointment of Mobius adds a unique blend of investment expertise and market knowledge to Investcorp’s India advisory board, Investcorp said in its release.

Franklin Templeton India President Sanjay Sapre moved to different role