![Dubai, 17th December 2009. Dr Mark Mobius, at Franklin Templeton Investment Management Office, DIFC. (Jeffrey E Biteng / The National) Editor's Note; Asa F reports. *** Local Caption *** JB03-Mobius.jpg](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/4OIAUX2VM2KROH4MQ4BAR6REZQ.jpg?smart=true&auth=def925246790817e0f77881d6f97a4f889a3ade954000ef3f4bb609b549eb805&width=400&height=225)
Mark Mobius, founder of Mobius Capital Partners, says investors need to hedge against currency devaluation. Jeffrey E Biteng / The National.
Mark Mobius, founder of Mobius Capital Partners, says investors need to hedge against currency devaluation. Jeffrey E Biteng / The National.
US market is not overvalued, Mark Mobius says
The S&P500 index has gained 53.6% over the past 12 months