Mobius elected to the board of Lukoil

Mark Mobius, who oversees about $34 billion in emerging markets at Templeton Asset Management, has been elected to the 11-member of Russian oil producer Lukoil.

Mobius  is one of two independent directors elected to the 11-member board. He is generally overweight on Russia  due to his bullish view on where crude will go.

Mark Mobius, who oversees about $34 billion in emerging markets at Templeton Asset Management, has been elected to the 11-member of Russian oil producer Lukoil. Mobius  is one of two independent directors elected to the 11-member board. He is generally overweight on Russia  due to his bullish view on where ...