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December 19, 2018  

Moon Stanches Third-Quarter Losses

Emerging-market manager Moon Capital posted gains in October, even as many of its peers showed significant losses.Both the firm’s flagship Moon Capital Global Equity Fund and Moon Capital Global Equity Partners Fund were positive in October, founder John Moon said in a recent letter to investors, without disclosing actual numbers. By comparison, the HFRI Emerging Markets (Total) Index fell 3.7% that month.October was a “dreadful...

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