The healthcare sector went on a tear beginning in 2011, thanks in large part to the passage of the Affordable Care Act and its impending implementat
Thursday, 19 January 2017
Last updated 15 hours ago
Mar 8 2012 | 1:17pm ET
A couple of prominent hedge funds continued a run of (relatively) strong performance this year with a positive February.
Third Point's Ultra fund added 1.6% last month, Reuters reports, leaving the fund up 7.5% on the year. Greenlight Capital had an even better February, rising 3.1%. The fund is now up more than 6% in 2012.
Still, both funds are trailing the Standard & Poor's 500 Index, which rose 8% in the first two months of the year.
Conquest Capital Group's Macro fund is also trailing the S&P—by a much, much wider margin. The fund fell 5.77% last month and is now down almost 10% on the year.