Now hear this. Mark Mobius ain't retiring from Franklin [profile.

The Financial Times reports that Franklin's legendary emerging markets manager, who is now 76, has no plans of following former fellow PM Anthony Bolton into retirement. Bolton is 13-years younger than Mobius.

However, the newspaper notes that Mobius acknowledged that Franklin has indeed begun preparations for his eventual departure.

“We have succession plans. It’s a big organisation and I have two people in the team that have been with me since the beginning in 1987. In fact, there are 20 people that could easily take over tomorrow if I got hit by a bus,” he is quoted as saying. 

Edited by: Tommy Fernandez


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