Horseman slips deeper into the red
In this year’s bull market, Horseman is out of step.
John Horseman’s skepticism served him well last year. A bearish view on the markets in 2008 helped the $3.8 billion Horseman Global Fund of London to one of its best years ever—up 31.26%—even as many long/short equity vehicles produced double-digit losses.
In this year’s bull market, however, Horseman is out of step.