Mark Mobius: The Flight to Safety into Emerging Markets has already begun

Emerging market guru Mark Mobius, manager of the Templeton Emerging Markets Investment Trust says that the flight to safety into emerging markets has already begun as the demand for guaranteend income from investors gains momentum.

According to a news report, Mark said the following:

The movement into emerging markets could take some timeÂ as investors are still worried about volatility
The key attraction in emerging markets is their high growth rates
The stock market is the leading indicator of growth but other factors such as Purchasing Managers Index are important as well
Nigeria, Pakistan, Thailand offers some interesting investment opportunities
Despite the World Cup, the South African economy will experience an exciting growth rate as other emerging markets
In EasternÂ Europe, Poland and Turkey are top picks

Related ETFs:

iShares MSCI Emerging Markets ETF (EEM)
Vanguard Emerging Markets ETF (VWO)