Balyasny Adds Protection Amid Concern Over "Shocks"

The fund said that 2015 could be a great year for stock-picking whereas diverse economic policies will provide for better macro opportunities Balyasny Asset Management (BAM) expressed satisfaction over its performance in 2014, where its principal profits came from energy, telecom/media and healthcare positions. According to an annual investor letter reviewed by ValueWalk, the fund managed to gain even in those sectors that had a bad run last year, making 2014 a period of better risk-adjusted returns. BAM’s funds also have very low correlation to the general market which also makes it profitable even in non-performing sectors. Balyasny Asset Management’s Atlas Global…