Colonial First State is bullish on the healthcare and biotechnology sectors in the belief that these...
Colonial First State is bullish on the healthcare and biotechnology sectors in the belief that these parts of the market will be driven by volume growth as Western populations get older. Dr Joe Anderson, the lead manager of the group's Global Health & Bio-Technology fund, believes that health and biotechnology will be the next global investment revolution. He said: "The point of these sectors is that the drivers of growth are so unassailable. It is all about volume growth, it is not about price growth, so the politicians cannot do anything. "They can cut prices, but that is not where t...
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