Mark Mobius heads into retirement touting fresh emerging stock highs

Brazil, Africa, Vietnam and parts of Latin America are attractive due to their exposure to commodities or rising consumer spending, according to Mobius

After decades at the forefront of emerging-market investment, Mark Mobius is heading into retirement betting the best is yet to come.

The 81-year-old money manager kicked off his final television interview before leaving Franklin Templeton Investments on Wednesday predicting developing-nation stocks will set a fresh record this year. That echoed his December forecast that emerging shares will likely surpass the 2007 peak by 20 percent, though he didn’t give a timeframe then.

“We’re going to see a pretty good market this year," Mobius said in a Bloomberg Television interview. Earnings momentum will determine which emerging companies perform well in an