Further gains for healthcare hedge fund Rhenman as jobs recovery boosts medical insurance stocks Submitted By Hugh Leask | 09/04/2021 - 8:50pm Healthcare-focused equity hedge fund Rhenman & Partners generated further gains last month as falling US unemployment helped push medical insurance stocks higher. Its flagship healthcare-focused hedge fund finished the first quarter up 5.56 per cent, as a rotation into cyclical equities which stand to gain from the economic recovery underpinned March’s positive returns. The Rhenman Healthcare Equity Long/Short strategy advanced 3.6 per cent in its main euro-denominated IC1 share class last month.