Larry Robbins

Larry Robbins’s funds are struggling, but investors familiar with the firm’s track record are looking to allocate more.
Investors are apparently betting that Glenview founder Larry Robbins, who has posted big losses this year, can turn his performance around.
The manager is launching a new, fee-free fund that will likely bet heavily on healthcare — the very sector driving huge losses in his main funds.
Healthcare stocks, long a boon to the firm’s portfolios, cratered last month, leaving the firm in negative territory for the year.