Antony Milford, fund manager Framlington's Healthcare fund, says 2000 was an excellent period for th...
Antony Milford, fund manager Framlington's Healthcare fund, says 2000 was an excellent period for the healthcare sector and exceeded expectations with an early year rally in biotechnology stocks. Milford says there is some element of healthcare stocks being used as a safehouse for tech money during volatility. Ross Martin, an assistant fund manager on Aberdeen's UK equity team, says the healthcare sector showed 30.2% relative outperformance on the FTSE All Share, while pharmaceuticals outperformed by just over 27%. "Both sectors have very strong defensive characteristics as they are non...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes