"If Macri manages to introduce the reforms, Argentina could very well get some"

Billionaire investor Mark Mobius said he "was watching Argentina very closely" and said "if (President Mauricio) Macri can institute the reforms that he wants to lead to." Well, the country could very well get it. "

Mobius is a billion dollar portfolio manager and has always focused on emerging markets. He now runs his own investment fund, Mobius Capital Partner, but for years has managed Franklin Templeton Investments.

He said look very closely at Latin America. Brazil, the largest economy in the region, makes significant progress in reforming its public pension system while in Argentina, Mauricio Macri, leader in promotion policy, could introduce further reforms when he won a new term in the October elections, he said at the meeting. Bloomberg agency.

"We are following Argentina closely and if Macri can put in place the reforms that he wants to carry out, the country could very well get it."

The executive said that "the trade war between China and the United States is a revolutionary change for the global economy because it creates opportunities for emerging markets, companies seeking low-cost alternative production centers."

Mobius searches for undervalued companies and buys them to improve their management and then sell them.

Check out the latest news on the digital economy, startups, fintech, business innovation and blockchain. CLICK HERE