FX funds down in September

NEWS

STAMFORD, CT -- Currency managers investing in the emerging markets under-performed in September, according to the Parker Emerging FX index published last week.

The index, which tracks the performance of managers who invest in emerging markets currencies as an asset class, was down 1.10% in September.

"September was a difficult month for most emerging market managers," said Virginia Parker, president of Parker Global Strategies and founder of the Index. "The tragedy that occurred in the US

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