'Their balance of payments is terrible; their government debt is terrible; their fiscal debt is terrible,' Mobius said.
Mark Mobius criticized Brexit and the UK in remarks at an event in New York, the Financial Times wrote.
"The UK is like an emerging market now," Mobius said at an event in New York, the FT wrote."Their balance of payments is terrible; their government debt is terrible; their fiscal debt is terrible.""Up to now, the UK is riding on the coat-tails of the EU, in the sense that [the UK] can have very low interest rates," said Mobius, who is also an alum of Franklin Templeton in New York.
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