Asset Management

Mark Mobius prepares UK investment trust IPO

Well-known emerging markets investor targets launch next month

Mark Mobius
Mark Mobius Photo: Richard Brian / Reuters

Emerging markets investor Mark Mobius is preparing an investment trust for launch on the London market — the latest stage in the set-up of his new investment firm.

Mobius Capital Partners is “exploring” an initial public offering for the trust as soon as next month, the firm said in a statement on Monday. It will be known as the Mobius Investment Trust (MMIT).

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