With emerging markets suddenly in flux and investor concerns about the continuing future of their long bull run on the rise, John Moon's $1.8 billion Moon Capital Management is in the midst of its first significant capital raising since its launch in 2005.
Surprising for this emerging markets-focused long/short equity manager? Not really.
Volatility always creates opportunities for good stock pickers, and downward corrections in particular provide the chance to pick up cheap stocks that are sure to rise later. But beyond that, Moon Capital's approach is, in some ways, the antithesis of the typical fund that concentrates