Frontaura Capital: Short Egyptian Pound

In a year that has been traumatic for many investors, one hedge fund argues that this year may not be among the five worst years in the last 10 for investors in frontier markets.

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Less difficult September

For last month, the Frontaura Global Frontier Fund was up 1% to 2% as of the last few trading hours of Sept. 30. The fund gained about 4% for the third quarter, depending on the closing prices for that trading day.

In their September update for investors, which was reviewed by ValueWalk, the Frontaura team said September was difficult for many of the world's markets, but they...