Russell Clark Blames QE And China As Shuts Down His Global Fund After Rising Losses [Letter]
Russell Clark has decided to shut down his Global Fund after a string of loss-making years.
The long-running firm, which was previously known as Horseman Capital Management, before rebranding in May 2020 to Russell Clark Investment Management, has struggled as rising equity markets have distorted valuations.
Losses grow
Clark has become known as a perma-bear in recent years due to his negative outlook for equity markets.
However, the Global Fund does not call itself a short fund. Instead, it aims to provide "superior absolute long-term returns while exhibiting a low correlation with stock market indices and . . .
SORRY! This content is exclusively for paying members. If you are subscribed and having an account error please clear cache and cookies if that does not work email [email protected] or click Chat.
|
