Horseman Capital, which was once labeled the "world's most bearish hedge fund" is suffering from its bearish stance this year.
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Q2 hedge fund letters, conference, scoops etc
The fund, which entered 2018 with a net exposure of nearly -50%, started off the year on a positive note, returning 5.5% in January, 0.9% in February and 0.8% in March. However, since March the tide has turned against investment manager Russell Clark and the rest of the team at the Horseman global fund.
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