Visium Balanced Fund Hit By Pharma Stocks Sees Opportunity Ahead

The Visium Balanced Fund, with nearly $4 billion under management, is one of those rare long / short hedge funds that only has one complete losing year since strategy execution start date in 2001. Even as health care hedge funds where having difficulty in 2015, Visium posted a 5.53% profits. Recently, however, the health care hedge fund founded by former Balyasny Asset Management portfolio manager Dr. Jacob Gottlieb, has been having trouble, a recent letter to investors reviewed by ValueWalk reveals. Visium Global, meanwhile, the $2.4 billion long / short fund without such sector specific or even strategy focus, has been having similar atypical performance year to date.

Visium...

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