Mexico’s Proposed Telecommunications Reforms a Positive Sign for High Yield Investors, Says Market Vectors’ Fran Rodilosso

NEW YORK--(BUSINESS WIRE)--Earlier this week, Mexican President Enrique Peña Nieto sent a bill to the Mexican Congress which, if it becomes law, would bring about major reforms in the Mexican telecommunications industry, including the introduction of greater governmental powers to combat monopolies and rules which could ease the path for more foreign investments. This news should be encouraging for investors for a number of key reasons, according to Fran Rodilosso, Fixed Income Portfolio Manager at Market Vectors ETFs.