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Perceptive Advisors Suffers Setback in 2018

The health care fund is still one of the top performers over the past decade in spite of a loss last year.

One of the hottest hedge funds in the business has suffered its biggest loss since 2008.Joseph Edelman’s Perceptive Advisors posted an 8.6 percent decline in its Perceptive Life Sciences Offshore Fund in 2018, according to an HSBC document that tracks hedge fund performance. It posted annual gains of more than 40

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