Kirkoswald’s Nystedt Sees Opportunity in Frontier Markets

Some of the world’s more exotic investment destinations are a top emerging-market bet for this year, according to an executive at Greg Coffey’s hedge fund Kirkoswald Asset Management.

Jens Nystedt, co-chief investment officer with the firm’s emerging-markets fixed income division, pointed to opportunities in local currency-denominated assets across so-called frontier markets, which lack the depth and efficiency to be classified as emerging.