(Valuewalk) 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.
Horseman’s poor performance has pushed the fund into the bottom ten of HSBC’s table of the worst performing hedge funds this year, joining other bearish funds such as Odey European and Passport Capital.
