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By David Randall NEW YORK (Reuters) - Last July, when Federal Reserve Chair Janet Yellen spurred a sell-off in healthcare stocks by saying that valuations in shares of biotech companies looked "stretched," portfolio manager Graham Tanaka saw an opportunity. After a year-long buying spree, he now has more than a quarter of his $17 million Tanaka Growth fund portfolio in healthcare companies such as Gilead Sciences Inc, up from just 5 percent at the start of last year. That bet is paying off: his fund is beating the S&P 500 by about 13 percentage points since the start of the year, putting Tanaka in the top 1 percent of equity fund managers tracked by Morningstar.
The issue has surged to the surface in Argentina, where a recent series of gruesome killings has raised new alarm. One of the victims was Maria Eugenia Lanzetti, a 44-year-old kindergarten teacher in the central province of Cordoba who was separated from her obsessive husband and had a restraining order against him, as well as a panic button on her cell phone. Outraged Argentines have called a march Wednesday to condemn violence against women, which has killed more than 1,800 in the past seven years, according to women's rights group La Casa del Encuentro.