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A Controversial Hedge Fund Manager Plots a Major Strategy Shift

Russell Clark’s Horseman Global has moved from a disinflationary to inflationary posture.

Horseman Capital Management, the London-based hedge fund whose long-term bearish stance has led the firm to stunning gains and stinging losses over the years, has dramatically changed its strategy in light of the Covid-19 crisis.Horseman chief Russell Clark tells clients he is exiting his deflationary positions in favor of a

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