Mark Mobius, Pioneer of Emerging Markets Investing, Dies at 89

Veteran investor Mark Mobius, long known for championing emerging markets from Asia to Latin America, has died at the age of 89. His work at Franklin Templeton and later Mobius Capital Partners helped steer billions of dollars into developing economies and shaped how global funds judge risk in those markets. Tributes from across the financial world stress his early, often contrarian bets on countries such as China, India and Brazil.