• Horseman Capital Management is an investment company that provides money management expertise to eligible counterparties and professional clients.

    Total assets under management are over USD 500m as at 31st August 2019.

    Founded by John Horseman in July 2000 the company provides money management expertise covering various equity strategies. We are owned entirely by the founding partners and directors …

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  • Russell Clark
    Portfolio Manager

    August 2019 Thinking of Government Bonds as Long Term Currency Futures

    "Bond yields can also reflect views on currencies. Is 1.6% on a 10-year US treasury enough compensation for likely weakness in the currency?"

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  • Shannon McConaghy
    Portfolio Manager

    July 2019 Copy Print Decline

    "Global photocopier and printer sales are in structural decline, largely due to an ongoing shift from paper-based work-flow and communications to digital."

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  • Russell Clark
    Portfolio Manager

    July 2019 Peak Drilling in the Permian

    "If growth in US oil activity has been a key driver of durable goods and activity, the change in US oil drillers from accumulating DUCs to running them down, should lead to a slowdown in employment growth."

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  • Russell Clark
    Portfolio Manager

    July 2019 Lessons From Japan 2019

    "Despite the Bank of Japan’s best efforts, the Nikkei still has a tendency to move with employment."

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  • Russell Clark
    Portfolio Manager

    June 2019 Stock Markets and Dividend Futures

    "If investors are looking at the stock market as an alternative to corporate bonds, the risk/reward looks poor."

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