Update: Mobius Investment Trust reveals first allocations

Trust IPO raised £100m

Mobius Capital Partners has revealed the initial capital allocations of its Mobius Investment Trust, which raised £100m in its September Initial Public Offering (IPO) ahead of a 1 October listing on the London Stock Exchange.

In its first monthly investment update, published this morning (7 November), the firm's founding partners Mark Mobius, Carlos Hardenberg and Greg Konieczny told investors the trust has built positions in six companies listed in Brazil, China, Hong Kong, Poland, Russia and Turkey. CFA UK: Investor sentiment towards EM equities improves despite lingering concerns Elsewhere, the founders also reiterated their commitment to active engagement, citing "over 600 meetings and calls with companies in 19 countries and nine different sectors". They added emerging and frontier market fundament...