A Newly Bullish Russell Clark Likes Emerging Markets And China

For Horsman Capital Management’s Russell Clark, investing is a game of patience. After changing strategy horses in March, Clark, whose Global hedge fund was down -2.01% in April, looks at a 9.54% year to date loss and preaches patience to his flock of investors. In April Horseman Capital Management losses were found in the long portfolio, particular from the mining sector, while the short portfolio was a winner, particularly the US REITs sector.

The market cycle for emerging markets is going to turn, Horseman Capital Management tells investors

Markets are cyclical, Clark told investors in an April letter to investors reviewed by ValueWalk. Market moves can, in part, be explained by business and profit cycles, credit and investment cycles,...