Gold is still a big winner for this central Asian hedge fund

Gold prices continued to rally in August, driving strong performance in gold stocks, although that strength wasn’t enough to pull Sturgeon Capital into the green for the month. The fund was down 3.09% for August, bringing its year-to-date returns to -5.1%. Difficult returns in Kazakhstan and Turkey weighed on the Silk Road-focused fund’s returns last month.

Q2 hedge fund letters, conference, scoops etc

Weakness in central Asia

In their August update for investors, which was reviewed by ValueWalk,