HONG KONG: The arson attacks on Christian churches in Malaysia won’t deter fund managers from putting money into the country, according to investors and analysts including Templeton Asset Management Ltd chairman Mark Mobius.
“We are quite positive about Malaysia, we just opened an office and we believe there are great opportunities going forward,” said Mobius, who oversees US$33bil in emerging markets funds, in a telephone interview. The attacks “are minor incidents that were taken care of by the leadership and don’t pose any big problem.”