Posts Tagged ‘Healthcare sector’

FrontPoint Clients Seek Healthcare Replacement

June 23, 2011

Chidem Kurdas

A number of large investors were in the FrontPoint healthcare fund  that has been shutting down after inside trading allegations surfaced against a portfolio manager. Some of the investors are funds of funds that want to have healthcare equity strategies in their portfolio.

Analysts see healthcare as an attractive place to be. The healthcare sector is cheap, says Barry Knapp, head of  US equity strategy and a managing director at Barclays Capital. (more…)