Russell Clark Blames QE And China As Shuts Down His Global Fund After Rising Losses [Letter]

HFA Padded
Rupert Hargreaves
Published on

Russell Clark has decided to shut down his Global Fund after a string of loss-making years. The long-running firm, which was previously known as Horseman Capital Management, before rebranding in May 2020 to Russell Clark Investment Management, has struggled as rising equity markets have distorted valuations. Losses grow Clark has become known as a perma-bear in recent years due to his negative outlook for equity markets. However, the Global Fund does not call itself a short fund. Instead, it aims to provide “superior absolute long-term returns while exhibiting a low correlation with stock market indices and lower short long-term volatility…

Login if you are HedgeFundAlpha Subscriber.

HFA Padded

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