The prospect of Britain leaving the EU without a deal could be 'terrific' for emerging markets, according to fund manager Mark Mobius.
The prospect of Britain leaving the European Union without a Withdrawal Agreement over the coming days could be"terrific" for emerging markets, according to veteran fund manager Mark Mobius.
"If the U.K. says: 'Look, we are free trade. Everybody can come into our country, everybody can trade free of problems,' then is going to be terrific," Mark Mobius, founding partner at Mobius Capital Partners, told CNBC's"Squawk Box Europe" on Monday. When asked whether he had concerns about Britain being unable to strike trade deals and vary tariffs post-Brexit, Mobius replied:"Exactly."
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