Ex-Farallon Execs See Healthcare As Ripe For Shorting Regardless Of ACA Future

Route One Investment fund returned 2.54% net of all fees for investors for the fourth quarter of 2016. Over the year, the fund returned 11.39% net of all fees compared to 11.95% for the S&P 500 according to a January 26th copy of the fund’s fourth quarter and full year letter to investors, which has been reviewed by ValueWalk.

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• 2016 Hedge Fund Letters

Unlike many other fund letters, the multi billion dollar hedge fund founded by long-time Farallon Capital Partners, Bill Duhamel, Jason E. Moment, Ashish H. Pant and Richard H. Voon, Route One Investment’s fourth quarter note to partners strikes a rather downbeat note. The firm is cautious about the current investment environment and...