CSAM plans global healthcare product

Credit Suisse Asset Management is adding a global healthcare fund and a European convertible bond fund to its Luxembourg umbrella, writes Dylan Emery. Emil Doerig will be running the Healthcare fund. Stephen Wander, head of retail European marketing, said: "Emil Doerig is an extremely experienced fund manger who also runs an equivalent fund in Switzerland." The current environment is not particularly good for the launch of equity products, but Credit Suisse is confident in the story behind the healthcare sector and this expansion of the Luxembourg range is very much a long-term commit...