New York (HedgeCo.net) \u2013 The healthcare sector has been on a true roller coaster ride this year with the sector gaining almost 14 percent through the first six and a half months of the year, but then it fell over 16 percent from mid-July in to late September. The sector has bounced back in the last month, gaining over 10 percent since September 28.<\/p>\n
That roller coaster ride for the sector has created a great dispersion in the performance between hedge funds that use a long\/short equity strategy. A recent report from Mark Connors, an analyst with Credit Suisse, suggested that the healthcare sector alone could be dictating whether or not a hedge fund is having a good October or a bad one. <\/p>\n
Connors\u2019 research suggest that October could go down as having \u201celevated, if not all-time high dispersion of monthly returns for Equity L\/S and other strategies\u201d. His calculations show that the performance differentials between being bullish on healthcare or being bearish on the sector could have been as much as -7.4 percent if a fund was overweight the sector versus +11.5 percent if a fund was bearish toward the sector. <\/p>\n
Rick Pendergraft
\nResearch Analyst
\nHedgeCoVest<\/p>\n","protected":false},"excerpt":{"rendered":"
New York (HedgeCo.net) \u2013 The healthcare sector has been on a true roller coaster ride this year with the sector gaining almost 14 percent through the first six and a half months of the year, but then it fell over […]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16,3,16048],"tags":[],"class_list":["post-50433","post","type-post","status-publish","format-standard","hentry","category-hedgeco-networks-press-releases","category-hedgeco-news","category-hedgecovest-news"],"_links":{"self":[{"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/50433","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=50433"}],"version-history":[{"count":1,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/50433\/revisions"}],"predecessor-version":[{"id":50434,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/50433\/revisions\/50434"}],"wp:attachment":[{"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=50433"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=50433"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=50433"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}