“This could be my farewell interview,” Russell Clark, the manager of the Horseman Global Fund joked in an interview with Bloomberg at the beginning of May. Considering Horseman’s year-to-date performance, this might not be such an unrealistic prospect after all. According to the fund’s April fact sheet, a copy of which ValueWalk has been able to review, the fund lost -12.2% in April, taking its year-to-date performance to -25.5%. For more up-to-date hedge fund content, and exclusive access to value-focused hedge fund managers, check out ValueWalk’s exclusive value newsletter, Hidden Value Stocks. This performance is unlikely to reassure investors who have…
Horseman Global Slumps 12.2% In April, Down 25.5% YTD; Bets Against Semis, Autos And “CCPs”
Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway. Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK. Rupert covers everything value investing for ValueWalk