ARTICLE | Finance
Supreme strategy
Former BlackRock healthcare mutual fund manager starts Lenus Capital
June 25, 2012 7:00 AM UTC
Former BlackRock mutual fund manager Robert Hodgson is finishing up fundraising for his own hedge fund, Lenus Capital Partners. He expects to start making investments based on the U.S. Supreme Court ruling on the Affordable Care Act, which is due this week.
"We are setting ourselves up to take advantage of the Supreme Court ruling," he said. "It's going to drive volatility in healthcare sub-sectors. After listening to all the testimony, I think there's a very good chance that the mandate [to buy health insurance] is struck down."...