Exome Asset Management's Worldwide Healthcare Partners Fund (WWHCP) returned 0.3% for July, resulting in a year-to-date gain of 11.4% net. Meanwhile, the MSCI World Health Care Net Total Return Index climbed 3.3% last month for a 10.9% year-to-date return. The S&P 500 gained 1.2% in July and is up 16.7% year to date, while the S&P Biotech Index gained 6.9% last month for a year-to-date return of 10.9%.
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In his July letter to investors, which was obtained by Hedge Fund Alpha, Samuel D. Isaly said they ended July with 55 single-stock long positions and 47 shorts,...
