| Followers | 144 |
| Posts | 28023 |
| Boards Moderated | 4 |
| Alias Born | 02/07/2004 |
Monday, December 06, 2021 8:11:14 AM
Big-name biotech hedge funds have_been_hammered_ this_ year:
https://www.wsj.com/articles/hedge-funds-suffer-big-losses-on-biotech-rout-11638727155
Quote:
Perceptive Advisors, a prominent biotech hedge fund that manages about $9 billion, lost about 30% this year through November in its main fund, investors say. A hedge fund managed by OrbiMed Partners, which invests more than $18 billion in healthcare in public and private markets, has lost more than 40% this year through November…
…The SPDR S&P Biotech ETF (XBI), an equal-weighted index of biotech stocks, has fallen about 22% so far this year through Friday, and is down 37% from its Feb. 8 peak.
Unquote
Seems like ORMP got in good company.....
https://www.wsj.com/articles/hedge-funds-suffer-big-losses-on-biotech-rout-11638727155
Quote:
Perceptive Advisors, a prominent biotech hedge fund that manages about $9 billion, lost about 30% this year through November in its main fund, investors say. A hedge fund managed by OrbiMed Partners, which invests more than $18 billion in healthcare in public and private markets, has lost more than 40% this year through November…
…The SPDR S&P Biotech ETF (XBI), an equal-weighted index of biotech stocks, has fallen about 22% so far this year through Friday, and is down 37% from its Feb. 8 peak.
Unquote
Seems like ORMP got in good company.....
