mo4ch:>Brexit could be ‘terrific’ for emerging markets, says investment guru Mark Mobius | Mo4ch News
As the world’s fifth-largest economy the UK is set to leave the European Union, the prospect of doing that without a Withdrawal Agreement could be “terrific” for emerging markets, according to veteran investor Mark Mobius.“If the UK says: ‘Look, we are free trade. Everybody can come into our country, everybody can trade free of problems,’ then (Brexit) is going to be terrific,” Mobius, founding partner at Mobius Capital Partners, told CNBC.“It is going to be good for England, it is going to be good for the rest of the world and particularly for emerging countries,” he explained, adding “Don’t forget, the UK has very close ties with a lot of these great emerging markets.”Also on rt.comKeep calm & vote: May warns Brexit may take ‘months’ if MPs fail to back her dealWhen asked whether he had concerns about the UK being unable to strike trade deals and vary tariffs post-Brexit, Mobius replied: “Exactly.”“I fear that whatever happens, it will be sort of a mixed bag and not really a cle…