Healthcare Hedge Fund Offers Short Strategy

Nov 3 2010 | 2:53am ET

Short-bias has been among the worst performing hedge fund strategies this year as the stock market rebounds, but that isn't stopping one firm from launching just such a fund focused on the healthcare industry.

GRT Capital Partners has spun off the short book of its long/short healthcare fund, which debuted in 2003. The new fund will employ fundamental research led by manager John Borzilleri, the firm's founder, HedgeCo.net reports.

"Healthcare is an attractive area for shorting stocks—considerable market inefficiencies can lead to extreme valuations for fundamentally unsound companies," Borzilleri said. "We believe our long-term success in shorting healthcare stocks can provide investors with a unique strategy to generate strong absolute returns, serve as a unique source of alpha, and diversify conventional investment portfolios."


In Depth

Q&A: Executive Recruiter Talks Hedge Fund Closures, Hiring Trends

Dec 19 2014 | 6:58am ET

This year, hedge funds have been closing at a rate not seen since the financial...

Lifestyle

Cooper-Hohn Won't Contest Divorce Settlement

Dec 18 2014 | 9:51am ET

The ex-wife of hedge fund billionaire Christopher Hohn will not contest a divorce...

Guest Contributor

Alternative Investment Funds Face A Communications Imperative

Dec 19 2014 | 6:10am ET

A handful of the top alternative investment firms on both sides of the Atlantic...

 

Sponsored Content

Editor's Note

    Guidelines for Guest Articles

    Oct 22 2014 | 9:46am ET

    We are always looking for guest articles from hedge fund managers and buy-side firms.

    If you are interested in submitting a contributed piece for possible publication on FINalternatives, please take a look at the specs. Read more…

 

Futures Magazine

December 2014 Cover

Futures 2014 person of the year

Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.

The Alpha Pages

TAP July/August 2014 Cover

The Alpha Pages Interview: Senator Rand Paul

Senator Paul sat down in the debut series of the Alpha Pages Interview to discuss the broken tax code, regulation surrounding Bitcoin, and his plans for the 2016 Presidential election.