January and February were positive nearly across the board, but early results suggest March was a bit more difficult for hedge funds. Sturgeon Capital, which invests across the Silk Road region, had a difficult month with a decline of 6.61%. The Kazakh Index gained 3.14% in March, while the MSCI Turkey index plunged 15%. The MSCI Russia and MSCI Frontier Markets index nudged 0.15% and 1.17% lower, respectively.
Q1 hedge fund letters, conference, scoops etc
Kazakhstan and zinc lead the way
One thing that worked for Sturgeon in January was gold, but that didn't pay off so well in March. The...