Launches & Closures Hedge Funds

Exane considers launching a global healthcare fund


Paris-based equity long/short specialist Exane Asset Management may launch a global healthcare fund to add to its sector funds range.

Other fund ranges in the asset manager’s €4billion sector stable include technology, European equity, small/mid cap European equities, diversified financials and industrials.

Pierre Sequier

Pierre Sequier, managing director for Exane, said: “We are thinking of launching a global healthcare fund to add to our long/short equity sector funds range. It could be launched in the next couple of months and use the UCITS wrapper. We choose a healthcare fund because it complemented the other strategies we have.”

The firm has not yet announced the fund manager or the name of the fund. Exane fared