Net Short Horseman Global Suffers Big Reversal of Fortune

Russell Clark’s London-based long-short equity fund, which outperformed strongly last year, has suffered big losses this year.

A hedge fund that has been one of the best performers of the past few years despite being heavily net short has suffered a major setback and is now down sharply for the year.

The Horseman Global Fund, headed by Russell Clark and managed out of London-based Horseman Capital Management, suffered big losses in the weeks leading up to and following the U.S.

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