Horseman Global Slumps 12.2% In April, Down 25.5% YTD; Bets Against Semis, Autos And “CCPs”

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Rupert Hargreaves
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Updated on

"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%.

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Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway.Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK.Rupert covers everything value investing for ValueWalk