Suvretta Capital Waits For Elections To Opine On Outlook; Likes What It Sees

Suvretta Capital Management had a strong third quarter, up 4.9% net and erasing negative year to date performance, an investor letter reviewed by ValueWalk shows. The fund edged the S&P 500 Total Return index, which was up 3.9% in the third quarter, as well as the MSCI World Index, up 4.4% for the period, as well as coming in just above the HFRI Equity Hedged Total Index, a hedge fund benchmark, up 4.6%, highlighting a generally good quarter for hedge funds and erasing previously negative performance. Also see Q3/Q4 2016 Hedge Fund Letters Capitalize For Kids Investors Conference Suvretta Capital’s…