As a healthcare-focused fund, Michael Castor‘s Sio Capital registered a terrible 2016, as it lost 18.7% net, compared to the 12% gain registered by the S&P 500 and the 8.3% drop of the MSCI World Healthcare Index. In its annual letter, the investor said that two main factors for the weak performance were speculative investments, and two “outliers” which were among the top detractors.
One of these detractors was Quotient Ltd (NASDAQ:QTNT), with other detractors including Adamis...
