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dewophile

06/18/16 7:52 AM

#202113 RE: biomaven0 #202112

There could be more selling ahead depending on how far along they are in liquidating the fund. From this article it sounds like there were a lot of redemptions starting in march. However, they were still hoping to sell the main health care fund as of a few weeks ago without success, so they may have a ways to go to fully exit their positions.

http://www.wsj.com/articles/alliancebernstein-to-buy-visium-asset-management-fund-1466177781