Fox Business | Should Investors Wait Before Getting Into The Markets?
Mainstay Capital Management CEO David Kudla shares his thoughts on Highland Long/Short Healthcare and how to play the winners and losers of the Affordable Care Act and the healthcare sector overall.
“In a space like healthcare where you have highly non-correlated companies, stocks within that industry, there is a good opportunity to pick longs and shorts that can reduce the beta of the portfolio and produce good alpha. A good example is yesterday that fund was only down 3/4 of a percent versus 2 percent for the averages yet year to date its up 2.5 times that of the S&P 500. Mark Okada, the CIO, and Michael Gregory and their team are really doing a great job with that portfolio strategy and its a really a great hedging strategy in an environment like this.”
– David Kudla, Mainstay Capital Management CEO