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RPT-U.S. hedge funds brace for worst year since financial crisis
2015-10-05 07:52:31| Biotech - Topix.net
U.S. hedge funds are bracing for their worst year since the 2008 financial crisis after a dramatic sell-off in healthcare and biotechnology stocks triggered double-digit losses for some prominent players last month. September's sucker punch in the biotech sector, on top of a grim August when global markets tumbled due to fears about slowing growth in China, have pushed many hedge fund managers deep into the red.
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Category:Biotechnology and Pharmaceuticals