Horseman Global Posts Big Losses

After a double-digit decline last month, the London-based hedge fund is deep in the red this year.

Illustration by II

Illustration by II

This is turning into a disastrous year for Horseman Capital Management’s Horseman Global Fund.

The hedge fund headed by Russell Clark posted another 12.3 percent loss in April and is now down 25.54 percent for the year, according to a performance report sent to clients and obtained by Institutional Investor.

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