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July 10, 2019  

Tough Sledding Continues for Arbiter

Arbiter Partners’ flagship fund, once known for delivering huge profits, is in the midst of its second losing year in a row.The Arbiter Partners QP vehicle finished the first half with a 1.5% loss. That largely was the result of a 3.2% decline in June, when its long bets underperformed.Those positions were concentrated outside the U.S. Arbiter’s short bets, mostly in the States, outperformed for the month, the New York firm wrote in...

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