Horseman Global, which has been called “the world’s most bearish hedge fund” is having a rough year. According to the fund’s November monthly newsletter, a copy of which has been reviewed by ValueWalk. The fund lost 12.8% for the month of November and is down 17.6% year-to-date as the fund’s bearish positions struggle in a tough market.

• Hedge Funds: Odey’s Pain Continues Down Nearly 50% YTD
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