"This could be my farewell interview," Russell Clark, the manager of the Horseman Global Fund joked in an interview with Bloomberg at the beginning of May. Considering Horseman's year-to-date performance, this might not be such an unrealistic prospect after all.
According to the fund's April fact sheet, a copy of which ValueWalk has been able to review, the fund lost -12.2% in April, taking its year-to-date performance to -25.5%.
For more up-to-date hedge fund content, and exclusive access to value-focused hedge fund managers, check out ValueWalk’s exclusive value newsletter, Hidden Value Stocks.
This performance is unlikely to reassure investors who have been steadily pulling money from Horseman Capital Management for some time. At the end of April 2019, total...
Login required to continue reading.
Setup a free account to get access to this article (no credit card required).
View Full ArticleAlready a member? Log in here
