Horseman Global: Down 13% In October Sticks To Bearish Views; Short Aircraft, Motors Industry

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 Morgan Stanley PB: Hedge Funds Hit In November On Leveraged Short Positions Ahead Of Elections Q3 2016 Hedge Fund Letters Horseman’s poor performance has pushed the fund into the bottom ten of HSBC’s table…