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Joseph Edelman’s Perceptive Posts Another Gargantuan Gain

Several of the firm’s biotech holdings tripled in value in 2017, leading to a third 40-plus percent return in five years.

      Joseph Edelman, Perceptive Advisors (photo credit: Chris Goodney/Bloomberg) Over the past five years, hedge fund manager Joseph Edelman has had one of the hottest hands in the industry. In 2017, he achieved a return above 40 percent for the third time during this period. And unlike many other managers who post

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