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T. Rowe Price fund manager says Nigerian stocks still attractive despite 64% rally
Johannes Loefstrand, a fund manager at T. Rowe Price Group who oversees about $300 million in frontier market assets, is “excited” about the prospects for Africa’s most populous nation. Nigeria’s NGX All-Share Index has outperformed all but one of the 92 benchmark indexes tracked by Bloomberg this year in dollar terms, trailing only South Korea’s Kospi Index.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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