Mark Mobius on Brexit Vote Impact and Aftermath

The transcript discusses the potential impacts of Brexit on global markets, particularly emerging markets, and the investment strategies being considered. It highlights the uncertainty surrounding trade and investment, and the potential opportunities in Eastern Europe. The discussion also covers non-Brexit economic news, including the resignation of India's central bank governor, China's stock market, and Nigeria's currency changes.

What is the initial expected impact of Brexit on global markets?

• Negative, due to uncertainty in trade and investment

• Positive, due to higher interest rates

• Positive, due to increased trade opportunities

• Neutral, as markets are already prepared

What investment strategy is being focused on in light of Brexit?

• Investing in export-oriented companies

• Avoiding all European markets

• Investing heavily in the UK market

• Focusing on domestic consumption

Which region is expected to benefit from manufacturing shifts post-Brexit?

• Asia

• Western Europe

• Eastern Europe

• North America

What is a major issue with EU regulations according to the discussion?

• They are too lenient

• They are focused only on trade

• They are too bureaucratic and not tailored to individual countries

• They are not uniformly applied

What was the market reaction to the resignation of India's central bank governor?

• There was no significant market reaction

• The rupee fell to a one-month low

• The stock market surged

• The rupee strengthened

What is the current stance on investing in China according to the discussion?

• Invested through specialized funds

• Not invested at all

• Heavily invested in China

• Investing only in Chinese banks

What recent change in Nigeria's currency policy is discussed?

• Pegging the Naira to the US dollar

• Floating the Naira freely

• Fixing the Naira exchange rate

• Devaluing the Naira by 50%