As the number of funds using the UCITS framework increases, the depth and breadth of strategies has increased. Joy Dunbar, editor of Absolute UCITS, explores the growing number of funds deploying a healthcare theme within the UCITS wrapper.
More healthcare strategies are launching funds using the UCITS framework. Since 2010 a number of healthcare strategy funds have launched and more are expected to follow this year.
The healthcare investment strategy area is often seen as defensive because of its typically non-cyclical nature. However, the perception of the strategy is changing –because it is going through a number of fundamental structural changes, like an ageing global population, a growing middle class in emerging markets, and ongoing innovation.
Changing landscape of healthcare
Healthcare, accessed primarily through government funding, is a benefit that every citizen needs, and changing demographics mean there is