Fund Manager Remains a Fan of Greece

Veteran fund manager Mark Mobius is still upbeat about investing in Greece and is confident about the new government’s ability to implement reforms.

“I am still very optimistic about Greece,” Mobius, executive chairman of Templeton Emerging Markets Group, told CNBC.  “The new administration has the wherewithal to make changes in Greece that will satisfy the rest of Europe.”

Greece’s new left-wing government led by Prime Minister Alexis Tspiras late Monday submitted a list of reform proposals to its international creditors – a key condition of the deal reached on Friday to extend the country’s bailout loan by four months.


This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.