Market Vectors’ Fixed Income Portfolio Managers Comment on Potential Opportunities in Nigerian Debt

NEW YORK--(BUSINESS WIRE)--Improving economic fundamentals may have made it appealing for investors to add exposure to Nigerian debt markets, according to Market Vectors’ fixed income portfolio managers Mike Mazier and Fran Rodilosso. They also noted that on Monday, October 1st, the underlying index for the Market Vectors Emerging Markets Local Currency Bond ETF (NYSE Arca: EMLC), which they manage, added exposure to three Nigerian bonds. This marks the first time the fund and its index will count Nigeria among its country exposures.