A prescription for healthy returns
Wed Jun 19, 2013
China’s healthcare industry is thriving in spite of a slowing economy – opening new investment vistas for global hedge fund managers, despite some already rich stock valuations in the sector
Healthcare spending in China, the world's second largest
economy, is estimated to hit a record $1 trillion in 2020 as
compared to about $400 billion at present - and industry
experts expect that the nearly 20% annual growth witnessed by
the country's pharmaceutical market in the last decade could
continue for several years more.
The dizzying pace at which China's healthcare industry has
grown has not gone un-noticed by the global hedge fund
community - which is constantly on the lookout for new, rich
sources of alpha.
New York-based hedge fund shop, Fortress, for example,
announced a plan to invest $1 billion in senior care in China,
while Orbimed Advisors has been considering the launch of a
dedicated new Asian healthcare fund.
It is for this reason that the China healthcare industry has
emerged as a bright spot for money managers amid...
ISSN: 2151-1845 / CDC10004H
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